PLBY Gains 2% as Turnaround Draws Insider Sale Questions
Playboy shares rose 2.3% to $1.32 on Nasdaq Friday after a filing showed director Tracey Edmonds sold 55,978 shares earlier in the week. The company reported first-quarter revenue up 5% to $30.2 million, with net loss narrowing to $4 million. Trading volume was below average at about 760,000 shares. Edmonds now holds 223,548 shares directly.