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International News and Market Update: Peloton insiders sold nearly $500

Peloton executives and insiders sold nearly $500 million worth of stock before the stock fell sharply. That's according to documents filed with the Securities and Exchange Commission. Peloton shares have fallen more than 80% since their highs last year, hitting a 52-week low of $29.11 on Tuesday. John Foley, the company's CEO and co-founder, has sold $119 million worth of shares as of November 2020, according to SmartInsider. Most of his sales were for $110 a share or more. Many top executives also sold some of their shares at the right time. William Lynch, the company's president, sold more than $105 million worth of

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