Ynvisible Interactive Inc. (OTCMKTS:YNVF) Stock Takes a Hit After Leadership Change
Ynvisible Interactive Inc. (OTCMKTS:YNVF) dropped 9% after announcing changes in its leadership team with the stepping down of Tommy Hoglund and the appointment of Keith Morton as then sales and marketing vice president. Mr. Morton will be in charge of Ynvisible’s global commercialization, with a primary target on North American sales.
Market Stats
On Friday, YNVYF stock fell 9.52% to $0.2299 with 2K shares, compared to its average volume of 9k shares. The stock has moved within a range of $0.2299 – 0.2299 after opening trading at $0.2299.
Ynvisible Interactive Announces Executive Leadership Change, Keith Morton to Join as Vice-President of Sales and Marketing and Tommy Höglund to Exit
Ynvisible aspires to be the Internet of Things face with its display products, and this strategic shift matches that goal. In addition, he has more than 30 years of marketing and sales expertise in introducing new display technology in the United States and Canada. Notably, Morton’s knowledge and networks in product planning, product marketing, and display product sales will be crucial to Ynvisible’s commercialization strategy and global sales success.
Morton stated that he is delighted to join Ynivisble’s exceptional team as they look to change the internet of things’ nature. He added that he is looking forward to assisting Ynivisible to advance its sales strategy globally. So, YNVYF is worth watching.
Key Quote
“I am excited to join Ynvisible’s dynamic team as we look to transform the nature of the internet of things,” said Mr. Morton. “I look forward to helping Ynvisible further mature its sales strategy for global commercialization and spread its influence throughout the E-Paper and Printed electrochromic industries.”
Traders Corner
YNVYF stock is trading below the 10-Day and 50-Day Moving averages of $0.2316 and $0.2789 respectively. Moreover, the stock is trading below the 200-Day moving average of $0.4845.
