Browsing Tag
Innventure
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Innventure shares fell 60% in a month. Why did its board accelerate the CEO change?
Bill Grieco has taken over Innventure one month earlier than planned as the company cuts parent-level quarterly cash spending from $7.5 million to $4.5 million, seeks financing alternatives, evaluates AeroFlexx options and deals with a roughly 60% one-month share-price decline.