New Research: How Do Employees Use Proceeds from Stock Purchase Plans?

Fidelity released a new study on December 12 that described the ways that participants in employee stock purchase plans (ESPPs) used the proceeds from the sale of stock acquired through those plans:

Emily Cervino, vice president of stock plan services at Fidelity, notes that "ESPPs are sometimes overlooked as a workplace benefit. In most cases, as many as two-thirds of eligible employees do not participate in their ESPP."