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Frequency Electronics Inc shares fall on announcement of CFO replacement

Investing.com +1 ·

FEIM
FEIM Frequency Electronics Inc
$68.19 +6.14%
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  1. 1Frequency Electronics Inc shares fell 3% in Wednesday after-hours trading.
  2. 2Alan Kaplan has been appointed as the new Chief Financial Officer effective November 1, 2026.
  3. 3The company reaffirmed its minimum revenue target of $150,000,000 for the fiscal year ending April 30, 2029.

So what's the key point?

Frequency Electronics Inc announced a change in its top financial officer. Following this news, the stock price dropped by 3 percent.

Source Investing.com +1 · View original ↗

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