Esprit Shares Tumble Further After Chairman, CEO Quit |
| June 14, 2012 | June 2012 Bond Updates |
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The quarterdeck of Esprit appears to be cursed. Stocks plunged for the second day after both its CEO and chairman abandoned ship. Shares on Thursday fell 12.4% after plunging 22% the previous day, the most in 15 years, upon news that CEO Ronald van der Vis was leaving the company. Stocks were suspended Wednesday but resumed the next morning. |
| View more at: http://www.forbes.com/sites/rosatrieu/2012/06/14/esprit-shares-tumble-further-after-chairman-ceo-quit/ |
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