Mark McKinney, COO of Local Bounti Corporation, Sells Shares for $55,000

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Local Bounti Intrinsic Value – While this may not seem like a significant amount, it could be cause for concern for investors. After all, why would an insider sell shares if they believed the company was doing well? It’s possible that McKinney is selling because he believes the company’s stock is overvalued and is due for a correction. Alternatively, he could be selling for personal reasons unrelated to the company’s performance. Either way, it’s worth keeping an eye on Local Bounti($NYSE:LOCL) to see how this plays out in the long term.

Stock Price

Local Bounti Corporation is a publicly-traded company whose stock is traded on the Over-The-Counter Bulletin Board. The company’s stock opened at $3.4 per share and closed at $3.4 per share, up by 0.9% from its last closing price.

VI Analysis – Local Bounti Intrinsic Value

A company’s fundamentals are a reflection of its long-term potential. The below analysis on LOCAL BOUNTI is made simple by VI app. The fair value of LOCAL BOUNTI share is around $57.2, calculated by VI Line. Now, LOCAL BOUNTI stock is traded at $3.4, undervalued by 94%.

Summary

Local Bounti is a new way to invest in your community and support local businesses. For every dollar you spend at a participating business, you earn Bounti points. You can then use your points to get discounts and rewards at local businesses, or donate them to a local charity. This is a vote of confidence in the company and its potential to change the way people invest in their communities. Local Bounti is still in its early stages, but it has already caught the attention of investors and the community. With Mark McKinney’s vote of confidence, Local Bounti is sure to continue to grow and make a positive impact in communities across the country.