Luokung Technology Said On June 5, Jie Yu Tendered His Resignation As CFO Of Co With Immediate Effect; Board Named Jian Zhang As New CFO
Portfolio Pulse from Charles Gross
Luokung Technology announced on June 5 that Jie Yu has resigned as CFO with immediate effect. The board has appointed Jian Zhang as the new CFO.
June 06, 2023 | 8:17 pm
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NEUTRAL IMPACT
Luokung Technology's CFO Jie Yu resigned, and Jian Zhang has been appointed as the new CFO.
CFO changes can have varying impacts on a company's stock price. In this case, the immediate resignation of Jie Yu and appointment of Jian Zhang as the new CFO may not have a significant short-term impact on LKCO's stock price. However, investors should monitor the company's financial performance under the new CFO's leadership.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100