Question
On your way home from a long business trip, you decide to grab a drink at the Atlanta Stillhouse in Hartsfield-Jackson during your layover, thankful
On your way home from a long business trip, you decide to grab a drink at the Atlanta Stillhouse in Hartsfield-Jackson during your layover, thankful you are now fully vaccinated.While sipping a bourbon, you overhear two inebriated businessmen sitting beside you discuss the impending acquisition of their company.You search the news on your phone and learn that the deal has not yet been announced.You immediately open your Robinhood trading app and buy 1,000 shares.You sell for a quick profit when the acquisition is announced a week later.Did you engage in insider trading?Explain.
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