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Couchbase exec sold shares as the company faces negative earnings and increased hedge fund interest.
Couchbase Inc.'s Senior Vice President, Margaret Chow, sold 15,000 shares on February 4th, reducing her holdings by 10.13%.
The company's stock increased by $0.49 on February 5th to $18.84.
Couchbase reported negative earnings and analysts predict -1.48 EPS for the year.
Several hedge funds increased their stakes in the company recently.
Couchbase provides cloud database platforms for enterprise applications.
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Couchbase exec vendió acciones ya que la compañía enfrenta ganancias negativas y un aumento de los intereses de los fondos de cobertura.