
Insider Traders Lose US$56k As Envoy Medical Drops

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Insider traders in Envoy Medical, Inc. (NASDAQ:COCH) have incurred losses of US$56k following a 41% decline in stock price. Insiders purchased US$106.4k worth of shares at an average price of US$1.64, now valued at US$50.7k. Despite the losses, insiders, including Independent Chairman Charles Brynelsen, have not sold shares, indicating potential confidence in the company. Insiders own 38% of Envoy Medical, suggesting alignment with shareholders. However, the company faces five warning signs, two of which are serious, warranting caution for potential investors.
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