Watches of Switzerland Board Members Invest After Share Price Drop
Following a sharp 25% decline in Watches of Switzerland Group’s share price last week, several board members took advantage of the dip by purchasing significant volumes of stock. The sell-off was triggered by replica Rolex’s announcement of its acquisition of WoSG’s rival retailer, Bucherer. In response, board members Tea Colaianni, Ian Carter, Robert Moorhead, and Anders Romberg bought WoSG shares. This buying activity was revealed in a notice filed with the London Stock Exchange before the opening bell yesterday, indicating…