5 Worst-Performing Stocks Insiders are Buying in 2024

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This article presents an overview of the 5 Worst-Performing Stocks Insiders are Buying in 2024. For a detailed overview of such stocks read our article, 10 Worst-Performing Stocks Insiders are Buying in 2024.

5. PENN Entertainment Inc (NASDAQ:PENN)

YTD Stock Price Decline: 38.03%

On May 6, David A. Handler, a director at PENN Entertainment Inc (NASDAQ:PENN), piled into 40,000 shares of PENN Entertainment Inc (NASDAQ:PENN) at $15.61 per share. Since then through May 9 market close the stock price is up 5.4%. As of the end of the fourth quarter of 2023, 31 hedge funds tracked by Insider Monkey had stakes in PENN Entertainment Inc (NASDAQ:PENN). PENN Entertainment Inc (NASDAQ:PENN) shares are down 37% so far this year.

Worst-Performing Stocks Insiders are Buying in 2024

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4. 908 Devices Inc. (NASDAQ:MASS)

YTD Stock Price Decline: 42.54%

908 Devices Inc. (NASDAQ:MASS) makes mass spectrometry devices to interrogate materials. The stock is down about 41% so far this year through May 10. On May 9, 908 Devices Inc.’s (NASDAQ:MASS) CEO Kevin J. Knopp bought 10,000 shares of 908 Devices Inc. (NASDAQ:MASS) at $5.83 per share. The total value of this transaction was about $1 million.

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