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What Is Going On With Vodafone’s Stock Today

Vodafone Group Plc (NASDAQ:VOD) shares are trading higher on Thursday since it named a new CEO. Vodafone disclosed Margherita Della…
byAnusuya Lahiri
April 27, 2023
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  • Vodafone Group Plc (NASDAQ:VOD) shares are trading higher on Thursday since it named a new CEO.
  • Vodafone disclosed Margherita Della Valle as the company’s CEO following a rigorous internal and external search.
  • Valle will also continue as the CFO until an external search for a new finance chief is complete.
  • Vodafone’s shares consistently lost value for years, and it struggled to streamline the business and sell assets. 
  • The stock slid to two-decade lows after ousting previous CEO Nick Read in December.
  • This week Vodafone’s biggest shareholder, Emirates Telecommunications Group Co, discussed revamping its board with the British telecom group.
  • Price Action: VOD shares traded higher by 2.27% at $11.94 on the last check Thursday.
 
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