Grubb & Ellis (GBE) Moves Higher After Kojaian Buys 1M Shares
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Shares of Grubb & Ellis Company (NYSE: GBE) are on the move late in the session. The stock has moved up 19%. People could be focusing on a 1 million share insider purchase from Michael Kojaian, disclosed earlier today.
Kojaian made the purchases on 09/03 at $3.05-$3.60. Kojaian is the largest shareholder.
Grubb & Ellis Company, through its subsidiaries, operates as a commercial real estate services and investment company worldwide.
Grubb & Ellis is up 19% to $4.16 in afternoon action.
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