Employees With ESPP Purchases During Stock Market Drop Reaped Big Gains In Rebound

An employee stock purchase plan (ESPP) buys company stock for participants at set intervals, usually every six months. An ESPP can be a very good deal. Employees at companies with ESPP purchases during the stock-market lows of March and April 2020 experienced meaningful gains of over 40% in the market rebound as of mid-June, according to data from a major brokerage firm. READ MORE