I would not be surprised if Lias just got tired of the weekly cross country commute and being away from the family as he never relocated. And from the PR, if it was a firing for performance, the Company would not have included this as too much potential liability:
"Roger is a talented and highly regarded CDMO executive and we wish him the best in all of his future endeavors.”
A million shares drove the price down on Thursday then back to volume of less than 300K on Friday, so not like all the big holders were bailing.
Regardless, it will be interesting to see if CDMO presents at UBS and any insights into 2020 guidance.
If so, this sell off will be an opportunity and I look forward to the comments about how this is part of the conspiracy to drop the price and then buy back in......
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