Comment: Quote data and analysis updated today.
Five independent directors who opposed the executive have been sacked
Alberto Terrol, Indra’s Sacked Director: “They Will Win But They Will Not Celebrate”
Indra’s share price crashed late yesterday after learning about the dismissal of its independent directors. But today’s day multiplies the obstacles in their work. Analysts cautioned that “we expect stocks to continue to decline in the near term.”
The drastic restructuring known yesterday on Indra’s board of directors took the market by surprise. Its shares were trading higher in the middle of the session at 1.38 euros until news broke of the dismissal of five independent directors.
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