- NaaS Technology Inc (NASDAQ:NAAS) has appointed Alex Wu as its Chief Financial Officer, effective January 15, 2023.
- Wu has also been appointed the President of the company and will join its Board of Directors, effective the same date.
- He has been serving as the company’s interim chief financial officer since October 1, 2022, as Lei Zhao resigned as finance chief for personal reasons.
- In addition, Alex Wu served as a board director or board observer of various Bain Capital portfolio companies.
- He received his bachelor’s degree in computer science from Peking University and his MBA from the Australian Graduate School of Management at the University of New South Wales.
- Price Action: NAAS shares closed lower by 8.00% at $2.99 on Thursday.
Penn Entertainment Shares Fall After Q1 Results: Here’s Why
Penn Entertainment reported quarterly losses of 79 cents per share which missed the analyst consensus estimate of losses of 59 cents by 33.9%. Quarterly sales came in at $1.607 billion, missing the analyst consensus estimate of $1.627 billion by 1.25% and representing a 3.95% decrease from the same period last year.
