Life360 Shs Chess Depository Interests Repr 3 Sh ( (AU:360) ) has issued an announcement.
Life360 announced that recent stock sales on the NASDAQ were conducted solely to satisfy tax withholding obligations from the vesting of restricted stock units, not as discretionary transactions by the reporting person. This announcement, authorized by the Chief Financial Officer, clarifies the nature of the transactions and reassures stakeholders that these sales do not reflect a change in the company’s strategic direction or financial health.
More about Life360 Shs Chess Depository Interests Repr 3 Sh
Life360 is a San Francisco Bay Area-based company specializing in family safety and connection. It offers a leading mobile app and Tile tracking devices that provide services such as location sharing, safe driver reports, and crash detection with emergency dispatch. The company has approximately 61 million monthly active users across more than 150 countries.
YTD Price Performance: -15.61%
Average Trading Volume: 2,182
Technical Sentiment Signal: Sell
Current Market Cap: $2.92B
For an in-depth examination of 360 stock, go to TipRanks’ Stock Analysis page.