Hub Cyber Security shares are trading lower. The company appointed Lior Davidson as interim CFO after Hugo Goldman stepped down from his role.
Portfolio Pulse from Benzinga Newsdesk
Hub Cyber Security has appointed Lior Davidson as interim CFO following the resignation of Hugo Goldman. This has led to a decrease in the company's share price.
August 18, 2023 | 5:04 pm
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Hub Cyber Security's shares are trading lower after the company announced a change in its CFO position.
Changes in key management positions, such as the CFO, can often lead to uncertainty among investors, which can negatively impact the stock price. In this case, the appointment of an interim CFO suggests that the company is in a transition period, which may have contributed to the decrease in share price.
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