Futu Holdings Stock Drops After Tree Line Advisors Exits Entire Stake
Tree Line Advisors (Hong Kong) Ltd. sold its entire stake of 370,000 shares in Futu Holdings for an estimated $57.52 million on May 14, 2026, leading to a significant drop in the stock price. The move reflects broader underperformance by Futu Holdings compared to market benchmarks like the S&P 500.
Tickers: $FUTU
Topics: investment_exit SEC_filing stock_movement