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AMD is now down 9.7% AH on news of CFO Thomas Seifert's resignation. The selloff comes even...

AMD is now down 9.7% AH on news of CFO Thomas Seifert's resignation. The selloff comes even though AMD insists Seifert's departure wasn't due to any disagreement over the company's books. It could reflect a lack of confidence in CEO Rory Read, whose first year at the company hasn't gone swimmingly. "Thomas leaving is a big deal. He was pretty well-liked by investors. He was viewed as the rock throughout all the changes, says Evercore's Patrick Wang.
Comments (3)
  • So your telling me this is a time to buy this stock because of this CFO leaving and the price drop?
    18 Sep 2012, 09:36 AM Reply Like
  • So your telling me it is good time to buy this stock because of the major drop in price due to an individual leaving?
    18 Sep 2012, 09:38 AM Reply Like
  • Well, you could if you have that much of free money...
    18 Sep 2012, 03:06 PM Reply Like
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