- Arcimoto Inc (NASDAQ:FUV) has appointed Jesse Fittipaldi as the interim Chief Executive Officer.
- Fittipaldi was the Vice President of the company from 2017 – 2020 and has been serving as Chief Strategy Officer since 2020.
- Founder Mark Frohnmayer has been named Chief Vision Officer to oversee technology development programs for the future of sustainable mobility.
- Arcimoto designs and manufactures electric vehicles for everyday mobility.
- Price Action: FUV shares are trading lower by 0.64% at $3.21 on the last check Friday.
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Gainers
Micro Focus International plc (NYSE: MFGP) shares jumped 95.4% to $6.11 after the company reached an agreement with OpenText to be acquired for $6 billion.