Shockingly no, insider trading applies to "material, nonpublic information" about the company and its economic actions. If you're trading based on advance knowledge of a subscription price hike or a change in recipe, that's insider trading. If you're trading based on people getting mad for literally no reason or a company's continued compliance with a law or social norm, that's not insider trading.
Shockingly no, insider trading applies to "material, nonpublic information" about the company and its economic actions. If you're trading based on advance knowledge of a subscription price hike or a change in recipe, that's insider trading. If you're trading based on people getting mad for literally no reason or a company's continued compliance with a law or social norm, that's not insider trading.