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Forgent Power Solutions shares plunge following CFO resignation

The Motley Fool +1 ·

FPS
FPS Forgent Power Solutions Inc
$24.92 -21.54%
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  1. 1Chief Financial Officer Ryan Fiedler has stepped down.
  2. 2Forgent Power Solutions shares fell 21.3% this week.
  3. 3Forgent Power Solutions closed at $24.92 on Thursday, October 22.

So what's the key point?

The person in charge of managing money at Forgent Power Solutions has resigned. Following this news, the stock price dropped significantly by 21.3%.

Source The Motley Fool +1 · View original ↗

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