- 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.
Dow Falls 150 Points; US Economy Adds 353,000 Jobs In January
U.S. stocks traded mixed this morning, with the Dow Jones index falling around 150 points on Friday.
Following the market opening Friday, the Dow traded down 0.39% to 38,370.46 while the NASDAQ rose 0.56% to 15,447.53. The S&P 500 also rose, gaining, 0.18% to 4,914.99.