Insider Selling: Everest Consolidator Acquisition Co. (OTCMKTS:MNTN) Director Sells 50,000 Shares of Stock

Everest Consolidator Acquisition Co. (OTCMKTS:MNTN - Get Free Report) Director Hadi Partovi sold 50,000 shares of the stock in a transaction that occurred on Friday, May 23rd. The stock was sold at an average price of $16.00, for a total value of $800,000.00. Following the completion of the sale, the director now owns 447,520 shares of the company's stock, valued at approximately $7,160,320. This trade represents a 10.05% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Everest Consolidator Acquisition Trading Down 5.8%

Shares of MNTN traded down $1.51 on Monday, reaching $24.49. The stock had a trading volume of 424,561 shares, compared to its average volume of 1,363,445. Everest Consolidator Acquisition Co. has a 12-month low of $20.76 and a 12-month high of $32.49. The company has a 50-day simple moving average of $5.87 and a 200-day simple moving average of $9.36.

About Everest Consolidator Acquisition

Everest Consolidator Acquisition Corporation does not have significant operations. The company intends to a effect merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or entities. It focuses on identifying businesses in the financial services sector.