SpartanNash Company (NASDAQ:SPTN) shares have fallen 4.5% today following the resignation of CEO Dave Staples. Dennis Eidson, SpartanNash Chairman and CEO prior to Mr. Staples, will resume the role on an interim basis. SPTN stock currently sits just $0.50 off its year low of $9.00.
Disappointing Results Cause SPTN Stock to TumbleMr. Staples decision to resign from the grocery retailer comes after disappointing financial results in 2019 caused SPTN stock to tumble more than 56% from a year high of $21.64 in February to as low as $9.40 on August 2. Today’s announcement was also ...
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