Aurora Shares Bounce, but Traders Eye SEC Filing
Aurora shares rose 2.7% to $7.13 in midday trading Wednesday after Greylock-linked holders tied to director Reid Hoffman sold about 5.85 million shares last week at prices averaging $7.81 and $7.51. The stock rebounded after a two-day slide, with volume near 9.6 million shares and a market value around $13.9 billion. Aurora posted Q1 revenue of $1 million and a net loss of $223 million.