- Kirkland’s Inc (NASDAQ:KIRK) Chief Financial Officer (CFO) and Chief Operating Officer (COO) Nicole Strain will be leaving the company, effective August 31, 2022.
- The company has initiated an executive search process for a new CFO.
- Until a successor is named, KIRK will rely on a newly-established Office of the CFO, which will be co-led by Anna Wilhoit, the company’s controller, and Jessica Tatum, senior director of financial planning and analysis.
- The company has assigned the functions within the COO role to other senior members of the operations team.
- Kirkland’s will report its fiscal second quarter 2022 results in late August 2022.
- Price Action: KIRK shares traded lower by 2.30% at $3.83 in pre-market on the last check Tuesday.
Hoth Therapeutics And 3 Other Stocks Under $3 Insiders Are Aggressively Buying
The Dow Jones jumped by around 197 points on Monday. Investors, meanwhile, focused on some notable insider trades.
When insiders purchase or sell shares, it indicates their confidence or concern around the company's prospects. Investors and traders interested in penny stocks can consider this a factor in their overall investment or trading decision.
