Shares of Bottomline Technologies (NASDAQ: EPAY) popped 16% this week, according to data from S&P Global Market Intelligence , after the tech company announced it was appointing three new members to its board of directors and after an analyst raised its price target for the company's stock.
On Wednesday, Bottomline announced that Philip Hilal, Larry Klane, and Michael Curran would be added to the company's board of directors starting Nov. 8 and that the board would set up a new strategy committee.
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Why Bottomline Technologies Jumped 16% This Week