Price: $168.25, Change: $+2.28, Percent Change: +1.37%
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LCI Industries Chief Executive Jason Lippert to Retire; Interim Successor Named
LCI Industries (LCII) said Thursday that President and Chief Executive Jason Lippert is retiring and has stepped down from his position.The company has tapped Independent Director Johnny Sirpilla to serve as interim CEO, effective immediately, while Lippert will remain as an adviser for one year to aid in the transition. Sirpilla has been a member of the company's board since 2019.The board will conduct a search, both within and outside the company, for a permanent CEO.LCI Industries also said that Virginia Henkels has been named Chair of the Board, succeeding Tracy Graham, who has stepped down after 10 years on the board.Shares of the company fell more than 6% pre-bell Thursday.Price: $100.00, Change: $-6.78, Percent Change: -6.35%
$LCII
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Global-e Approves $500 Million Share Buyback Program
Global-e (GLBE) said Thursday its board has approved a new share repurchase program to buy back up to $500 million of its ordinary stock.The new program follows a prior $200 million repurchase plan from 2025, of which roughly 80% is finished, the company said.Shares of the company were up more than 3% in Thursday premarket activity.Price: $33.00, Change: $+1.21, Percent Change: +3.81%
$GLBE
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FingerMotion to Expand AI Infrastructure
FingerMotion (FNGR) plans to expand its infrastructure strategy using the modular AI-focused computing facilities, the company said Wednesday.The plan builds on the company's current telecommunications and tech platform. Instead of cloud AI facilities, the company is using self-contained AI compute units which can be used based on customer demand and regional requirements, the company said.Shares of FingerMotion declined more than 2% in Thursday's pre-bell trading.Price: $0.87, Change: $-0.024, Percent Change: -2.67%
$FNGR