- Nextdoor ( NYSE: KIND ) shares climbed ~8% in Wednesday's extended session on disclosure that its director David Sze purchased over 4.6M shares of the company's Class A common stock.
- According to filing dated Aug. 15, Sze, who is also a partner at venture capital firm Greylock Partners, bought around 3.1M company shares on Aug. 11 and 12. He further purchased over 1.5M shares on Aug. 15 and 16.
- Earlier this month, Nextdoor stock fell after Q2 revenue miss, lowered annual guidance
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Nextdoor stock gains after director David Sze buys company shares