What Is Going On With Vodafone's Stock Today

Loading...
Loading...
  • Vodafone Group Plc VOD shares are trading higher on Thursday since it named a new CEO.
  • Vodafone disclosed Margherita Della Valle as the company's CEO following a rigorous internal and external search.
  • Valle will also continue as the CFO until an external search for a new finance chief is complete.
  • Vodafone's shares consistently lost value for years, and it struggled to streamline the business and sell assets. 
  • The stock slid to two-decade lows after ousting previous CEO Nick Read in December.
  • This week Vodafone's biggest shareholder, Emirates Telecommunications Group Co, discussed revamping its board with the British telecom group.
  • Price Action: VOD shares traded higher by 2.27% at $11.94 on the last check Thursday.
Market News and Data brought to you by Benzinga APIs
Posted In: NewsManagementMoversTrading IdeasBriefswhy it's moving
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...