Exponent's stock price fell sharply by 6.43% during intraday trading on Thursday, reflecting significant selling pressure.
The decline followed a regulatory filing showing that John Pye, Vice President of Global Offices & Innovation at Exponent Inc., reported a disposal of common shares in the company. Such insider selling activity is often viewed by investors as a potential signal of reduced confidence in the company's near-term prospects, which can trigger market reactions.
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