Market Currents
Mobile ad agency Velti (VELT -25%) has crashed over the last hour of trading. Remarks made...
-
Wednesday, January 30, 3:50 PM ETMobile ad agency Velti (VELT -25%) has crashed over the last hour of trading. Remarks made during the company's analyst day are the apparent culprit.
Other date
TECH ETFs IN FOCUS
Latest Tech Articles
This news story has 6 comments:
The CEO needs replacing immediately by a new CEO from outside the company and an investigation called into the leaks of information going to speculators in the stock. The CEO Moukas has not the first idea how to run a listed company. Shareholders should demand an SEC enquiry.
How anyone could have made such a f**k up of a company in an area of such immense growth is impossible to conceive. The CEO is either a fraud or an idiot or both and should be replaced immediately by the shareholders whose money he has thrown down the drain in opening luxury offices and acquistions he obviously cannot manage.