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Velo3D Inc. (NASDAQ:VELO) shares are trading lower Monday morning. This follows a period of intense volatility and a scheduled transition in the company’s executive suite.
Nasdaq futures rose 0.55% Monday morning, while S&P 500 futures gained 0.28%. This follows a market closure on Friday, April 3, for Good Friday.
CFO Transition Takes Effect
The decline coincides with James Suva officially assuming the role of Chief Financial Officer on Monday. Velo3D originally announced Suva’s appointment on March 25. He succeeds Bernard Chung, who served as Acting CFO since December.
Suva brings over 20 years of capital …
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