CEOs Are Buying Up Stock at SoFi and Public Storage

It isn’t hard to find stocks that have been hammered in 2022. It is rare, however, to see CEOs of those companies buying up shares on the open market.

Recent purchases are coming at a time when hard-hit sectors look their bleakest. Makers of electric vehicles have been hammered this year, and the CEOs of


Fisker


(ticker: FSR) and


Workhorse Group


(WKHS) just bought shares of their respective companies even as they’re trading near a 52-week intraday low.