Employees are cashing in on the company stock they purchase through an employee stock purchase plan, taking advantage of a rising market and the discount they receive on those shares. Then they can use that money to handle other expenses.
That's according to research from Fidelity Investments.
Fidelity reports that those most likely to sell their shares are employees under 40 years old or those who get a significant discount on company stock purchased through their ESPP.
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