Thursday, April 27, 2017

"Synchronoss Technologies stock plummets 28% on departures from CEO and CFO; revenue warning"

My first thought was "Well that doesn't sound good"
My second was "Only 28%?"

Ha! That was in late pre-market with a half-hour to the open.

Here's MarketWatch:
Synchronoss Technologies Inc. SNCR, -47.24% stock plummeted 28.1% in premarket trade Thursday on news that the company's chief executive officer and chief financial officer are leaving the company to "pursue other interests" and a first-quarter revenue warning...MORE
CEO'a are a dime a dozen but when the CFO says adios it gets your attention.