InvestorsHub Logo
Followers 448
Posts 7031
Boards Moderated 1
Alias Born 08/09/2009

Re: None

Monday, 09/17/2012 9:16:42 PM

Monday, September 17, 2012 9:16:42 PM

Post# of 37779
$AMD is now down 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.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.