Paul Pelosi bets on tech stocks as House moves to break companies up
Nancy Pelosi's husband Paul made nearly $6 million on Alphabet stock and placed bets to make more cash on Amazon and Apple as House moves to break companies up House Speaker Nancy Pelosi's husband Paul made moves on the stock market that suggest the House's trust-busting attempt won't hurt tech giants Bloomberg News reported that Paul Pelosi exercised call options to acquire 4,000 shares of Alphabet stock, at a strike price of $1,200 That made him a $4.8 million gain, which has grown to $5.3 million since On May 21, Paul Pelosi also bought 20 call options for Amazon, with a strike price of $3,000 as well as 50 call options of Apple stock, with a strike price of $100 The House speaker noted the moves on disclosures filed July 2, Bloomberg said Paul Pelosi's transactions are not suspected of violating STOCK Act Paul Pelosi's bets on so-called 'Big Tech,' came as the House was moving ahead on legislation to break the companies up The House Judiciary Committee approved six antitrust bills, but it's unclear when they'll get a vote on the floor of the House Speaker Pelosi said last month that she supported the bills, which may have an even harder time getting past a deadlocked Senate
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House Speaker Nancy Pelosi's husband Paul made moves on the stock market that suggest the House's trust-busting attempt won't hurt tech giants Amazon, Apple and Alphabet, the parent company of Google.
Bloomberg News reported that Paul Pelosi exercised call options to acquire 4,000 shares of Alphabet stock, at a strike price of $1,200. That made him a $4.8 million gain, which has grown to $5.3 million
