Peloton Interactive, Inc. sold by Hadley Harbor Master Investments: $42.54m-Mar 17
Share lockups recently expired for this one.
Shares of Class B Common Stock automatically converted into shares of Class A Common Stock on a one-for-one basis upon the election of the reporting person. The Class B Common Stock has no expiration date and this lot was sold at market price. C/O WELLINGTON MANAGEMENT COMPANY LLP
Wellington Management Company is a private, independent investment management firm with client assets under management totaling over US$1 trillion. The firm serves as investment advisor to over 2,150 institutions in over 60 countries, as of 30 December 2017.[1] Its clients include central banks and sovereign institutions, pension funds, endowments and foundations, family offices, fund sponsors, insurance companies, financial intermediaries, and wealth managers. In 1928, Philadelphia-based accountant Walter L. Morgan established the first balanced mutual fund in the United States, the Wellington Fund.[3] Wellington Management Company was incorporated in 1933. In 1951, the firm hired John C. Bogle, who succeeded Morgan as chairman in 1970. In 1967, Wellington merged with Boston-based investment management firm Thorndike, Doran, Paine & Lewis.[4] Bogle left in 1974 and established The Vanguard Group, retaining Wellington to manage some of Vanguard's funds. In 1979, Wellington's 29 original partners bought back the firm after a period as a public company. In 1994, Wellington offered its first Luxembourg-domiciled UCITS fund. Also in 1994, Wellington offered its first hedge fund. Today, the firm manages alternatives assets for clients totaling over US$40 billion and offers over 40 funds. In 2014, the firm offered its first dedicated private equity strategy. Headquartered in Boston, the company has an office in Radnor, PA, and opened offices in London in 1983; Singapore in 1996; San Francisco, Sydney, and Tokyo in 1997; Hong Kong in 2003; Chicago in 2004; Beijing in 2007; Frankfurt in 2011; Zurich and Luxembourg in 2014; and Toronto in 2018.
>https://en.wikipedia.org/wiki/Wellington_Management_Company
https://www.finviz.com/insidertrading.ashx?oc=1641080&tc=7&b=2
U.S. oil reverses losses, posts largest one-day gain on record
U.S. crude oil prices spiked by 25% on Thursday, the largest single-day gain on record, recouping some losses from three days of selling that drove the benchmark to near 20-year lows. Analysts saw the rebound as a brief reprieve, anticipating additional weakness as the coronavirus outbreak takes its toll on global demand. U.S. crude and global benchmark Brent have both lost half their value in less than two weeks, most of that since March 6, the day talks between OPEC and allies including Russia broke down. Oil extended gains late in the day after U.S. President Donald Trump on Thursday said he would get involved in the dispute between Saudi Arabia and Russia “at the appropriate time.”
West Texas Intermediate (WTI) crude CLc1 settled up $4.85, or 24%, to $25.22 after dropping nearly 25% to an 18-year low in the previous session. It then briefly extended gains in post-close trading to as much as 35%.
Brent crude LCOc1 settled up $3.59, or 14.4%, at $28.47 a barrel, having plunged to $24.52 on Wednesday, its lowest since 2003. Oil’s respite came as investors across financial markets assessed the impact of massive central bank stimulus measures. U.S. lawmakers were rushing on Thursday to forge a massive economic stimulus package to counter the impact of the outbreak.
Central banks have moved to mitigate the spiralling economic and financial fallout from the pandemic, with the European Central Bank kicking off a 750 billion euro ($820 billion) emergency bond purchase scheme.
Following the breakdown of talks between Saudi Arabia and Russia, the de facto leader of OPEC announced plans to increase supply to a record 12.3 million barrels per day (bpd) and cut the official selling price for its oil by several dollars per barrel. In the United States, where dozens of shale oil and gas drillers and services companies risk bankruptcy, senators on Wednesday urged the two countries to halt their price war during talks with the kingdom’s envoy to Washington. Trump noted, however, that low gasoline prices were good for U.S. consumers even as they were hurting the industry. “At the appropriate time I’ll get involved,” he said.
The drop in demand, particularly in transportation, is also leading to a rapidly growing glut in refined products such as jet fuel and gasoline.
https://www.reuters.com/article/us-global-oil/u-s-oil-reverses-losses-posts-largest-one-day-gain-on-record-idUSKBN21604E
https://www.macrotrends.net/2566/crude-oil-prices-today-live-chart
has not changed at all in Ca.