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home / news releases / UONE - Urban One slides 20% as filing sets up 3M-share insider sales

UONE - Urban One slides 20% as filing sets up 3M-share insider sales

Urban One Inc.
Urban One (UONE) - a volatile trade on many days in the past year - has tumbled 20.4% on higher-than-average volume today. That follows a filing registering just under 3M shares of class A common stock for time-to-time sale by holders. The selling shareholders are President/CEO Alfred C. Liggins III, beneficial owner of a 34.27% stake, and founder/Chairperson Catherine L. Hughes, owner of a 15.04% stake. Its other share class, Class D (UONEK), is down 10.2% on the day. Leadership looks to be taking advantage of a share price that has appreciated 320% in 2021, most of that in the past three months: And it follows some other recent volatile trading as the urban-focused multimedia company reaps the benefits of news about its casino plans winning a recommendation from Richmond, Va.

For further details see:

Urban One slides 20% as filing sets up 3M-share insider sales
Stock Information
Company Name: Urban One Inc.
Stock Symbol: UONE
Market: NASDAQ
Website: urban1.com
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