Oct. 2 at 12:47 AM
$AMBC After-hours trading (post-4:00 PM ET) showed a notable rebound, with the stock rising to
$8.45 by 7:58 PM ET—a gain of
$0.32 (+3.94%) from the regular close.
The 27.3K after-hours shares traded is unusually robust for AMBC.
The uptick appears directly tied to a Form 4 filing disclosing that CEO Claude LeBlanc purchased 25,000 shares at an average price of
$8.54 per share, totaling
$213,500. This transaction increased his ownership to 1,021,777 shares (valued at ~
$8.73 million), boosting his stake by 2.51%.
