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Yu Yong, Genelux SVP, sells $2192 in GNLX stock By Investing.com
Yu Yong, SVP of Clinical Development at Genelux Corp (NASDAQ:GNLX), sold 906 shares for $2.42 each, totaling $2192, to cover taxes on restricted stock units. This transaction occurred amidst a 39% year-to-date decline in GNLX shares, which are near their 52-week low. The company, with a market cap of $117.59 million, has a “WEAK” financial health score and is burning cash quickly.