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Pandemic drives employees to sell equity compensation

Ninety-five percent of millennials who recently exercised equity options said the COVID-19 crisis influenced their decision.

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young woman looking at laptop with type of stock chart collaged over the image (Photo: Shutterstock)

Market volatility triggered by the COVID-19 pandemic is causing a substantial percentage of employees to exercise or sell equity capital to meet immediate financial needs, especially among younger workers, according to a study of 1,000 equity compensation participants by Schwab.

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