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The aggressive selling by Mr. Kors and his colleagues added to the large volume of share sales by public company executives in recent weeks.
The current high volume of share trading suggests that there is plenty of disagreement and uncertainty about, rather than a lot of contradictory news.
A September 15th article in The Wall Street Journal (Companies' Stock Buybacks Help Buoy the Market, by Dan Strumpf) discussed the surging volume of share repurchases in recent years and especially in the first half of 2014.
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Bankers think the sheer volume of shares to be sold makes the task a tricky one.
Even before noon, the volume of shares traded was higher than the average volume for an entire day.
These have undoubtedly helped reduce spreads and increase the volume of shares traded.
Reheated takeover talk sent shares in British Gas owner Centrica higher with an unusually large volume of shares traded.
The company's stock price rose by 15% on Tuesday as the volume of shares traded increased dramatically.
The effect also reduces market "thickness": the volume of shares marketmakers are prepared to buy or sell.
It transpired that they wanted to swap a very large volume of shares with one another, I believe for accounting reasons.
But sometimes more than half the total offering is being set aside for cornerstone investors, decreasing the liquidity, or the volume of shares available for trading.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com