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Wizz Air stock was falling after CEO sold shares

By Investing.com Staff

Investing.com -- Wizz Air Holdings PLC (LON:WIZZ) shares fell 7.7% on Wednesday after its CEO József Váradi sold £2.4 million of stock in the last two days.

Regulatory filings show Váradi sold 82,234 shares on Tuesday at £24.12 each, and 17,766 shares on Monday at £24.38 each.

The sales were through the London Stock Exchange, the filings said.

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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71.4% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.