Motorola (MOT) Higher On News Zander is Out
Tweet
Share
E-mailGet Alerts MOT Hot Sheet
Join SI Premium – FREE
Motorola, Inc. (NYSE: MOT) is up 4% in pre-open trading following news Ed Zander will step down as CEO.
Investors are applauding the news as the stock has underperformed under Zander.
Carl Icahn, a large Motorola activist shareholders, has pushed for Zander\'s ouster. He is likely thrilled with the news.
Investors are applauding the news as the stock has underperformed under Zander.
Carl Icahn, a large Motorola activist shareholders, has pushed for Zander\'s ouster. He is likely thrilled with the news.
You May Also Be Interested In
- Fannie Mae and Freddie Mac to cut credit bureau requirement - Bloomberg
- No talks about Iran's nuclear programme took place during recent meetings with mediators - Reuters
- Amentum wins $79M contract for helicopter maintenance at Andrews
Create E-mail Alert Related Categories
Insiders' Blog, Trader TalkSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
