Business
AMP (ASX:AMP) share price takes wild ride on CEO’s future
The AMP Ltd (ASX: AMP) share price crashed yesterday and has rebounded today on intense speculation surrounding the future of the company’s CEO, Francesco De Ferrari. Trading in the company’s shares was paused just before 4 pm yesterday before resuming trading this morning.
AMP shares finished Thursday at $1.335 – down 3.61%. By comparison, the S&P/ASX 200 Index (ASX: XJO) finished the day 0.17% higher. However, today the AMP share price is up 0.75% to $1.345.
Is AMP CEO Francesco De Ferrari resigning?
The AMP share price has been on a wild ride. News of Mr De Ferrari’s possible departure was first broken by the Australian Financial…
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