Vertex (VERX) stock slides after Thursday pop as insiders buy and management heads to investor conferences
Vertex shares fell about 4% to $14.24 early Friday, erasing part of Thursday’s 10.8% rally. A trust linked to CEO Chris Young bought 60,000 shares this week at prices around $12.18, according to a regulatory filing. Executives plan to appear at Citizens JMP and Morgan Stanley investor events next week.