Bowlero Corp. founder and CEO Tom Shannon continues to sell off big chunks of his stock, and now has sold more than 58% of his Class A common stock this year.
But investors continue to appear unfazed as the stock (NYSE:BOWL) price remains up slightly since the sales began. It closed Friday at $13.57 per share, up $0.35 per share since the $13.22 close on Dec. 29. The stock’s 52-week range is $8.19 to $15.28.
On Dec. 30, Bowlero made a filing with the Securities and Exchange...