A US Senator Just Sold This Banking Stock

A US Senator Just Sold This Banking Stock Dan Totilca / iStock Editorial via Getty Images In mid-April, Texas Senator Ted Cruz sold shares of Wall Street bank Goldman Sachs (NYSE: GS) when the stock was trading at $400 per share. The sale was not chump change and appears to have amounted to $375,000 but not more than $500,000, according to Capital Trades. It also represents one of only a couple of trades seemingly made by Senator Cruz.While the reason for the sale is unclear, the Senator’s timing suggests ...