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CPI Card Group (PMTS) shares fell 16.3% intraday after its major shareholder, Parallel49 Equity, sold 2.3 million to 2.7 million shares at a discount.
CPI Card Group (PMTS) stock fell 16.3% at 11:25 AM ET after its major shareholder, Parallel49 Equity, announced the sale of 2.3 million to 2.7 million shares at $21.50 per share, a 20% discount to yesterday's closing price.
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