Bowlero Corp. founder and CEO Tom Shannon continues to sell off big chunks of his stock, and now has sold more than 40% of his Class A common stock this month.
But investors continue to appear unfazed as the stock (NYSE:BOWL) price remains up slightly since the sales began. It closed Tuesday at $14.28 per share, up 9 cents per share on the day and $1.06 since the $13.22 close on Dec. 29. The stock’s 52-week range is $6.96 to $15.28.
On Dec. 30, Bowlero made a filing with the...