2 ms·

Is that legal?

• danielvaughn 5y ago
  This is an interesting question. I'm not an expert but it doesn't sound like it would be illegal.
• toomuchtodo 5y ago
  Not legal advice: Apple made its intentions public. It was the market that mispriced the impact.
  • detaro 5y ago
    Apple likely has access to non-public statistics actually showing the impact.
    • toomuchtodo 5y ago
      Are they obligated to not trade on their own research and information? And it’s not Apple stock, it’s Meta’s. Great topic for a Matt Levine Money Stuff segment on his laws of insider trading series. https://github.com/0xNF/lawsofinsidertrading.com https://github.com/0xNF/lawsofinsidertrading.com
      • detaro 5y ago
        Fair point, it's a good question if they have an obligation to not use the customer information they gather or not.