Loeffler, Perdue Among Senators Who Sold Stock Ahead Of Virus Fallout

Sen. Kelly Loeffler sold off hundreds of thousands of dollars worth of stock in late January, as senators began to get briefings on the virus, according to Senate records.

John Bazemore / Associated Press

Updated Friday at 10:12 a.m. 

Senate Intelligence Committee Chairman Richard Burr, R-N.C., sold as much as $1.7 million in stocks just before the market dropped in February amid fears about the coronavirus epidemic.

Senate records show that Burr and his wife sold between roughly $600,000 and $1.7 million in more than 30 separate transactions in late January and mid-February, just before the market began to fall and as government health officials began to issue stark warnings about the effects of the virus. Several of the stocks were in companies that own hotels.