Acer shares tumble by daily limit after CEO resigns, job cuts

TAIPEI (Reuters) – Shares of Acer Inc fell by their daily limit on Wednesday after the company announced a restructuring plan with a new chief executive and a 7 percent reduction of its workforce after a worse-than-expected quarterly loss.

Link to article: feeds.reuters.com/~r/reuters/technologyNews/~3/IvIy6Bza7Hg/story01.htm

Tags:

Leave a Reply

Your email address will not be published. Required fields are marked *