Keith Meister Buys $6.8M Vestis Shares

Keith Meister, a director of Vestis Corporation, bought over one million shares, spending $6.8 million, signaling confidence in the companys future. Despite Vestis struggles this year, including falling revenue and pressure on profit margins, the stock saw a small bump after the purchase. However, it settled down, indicating a mixed market reaction.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.