Halliburton executives double their money flipping stock

Halliburton executives double their money flipping stock Halliburton Co. President and CEO David Lesar made half a million dollars when he flipped 30,000 shares of the company’s stock on Jan. 25. According to documents filed with the U.S. Securities and Exchange Commission, Lesar bought 30,000 shares of Halliburton (NYSE: HAL) at $15.42 each for a total $462,600. He later sold 30,000 shares at $40 each, which brought in $1.2 million. Following the transactions, Lesar held 708,840 shares. On Jan. 25, Jeffrey Allen Miller, executive vice president and…

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