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(IRTC) - Why iRhythm Technologies Is Trading Lower Today

IRhythm Technologies Inc (NASDAQ: IRTC) is trading lower Wednesday morning after the company announced a leadership transition.
What Happened: Mike . ....

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iRhythm® Technologies Announces Leadership Transition

iRhythm® Technologies Announces Leadership Transition
June 01, 2021 16:05 ET
| Source:
iRhythm
iRhythm
President and CEO Michael Coyle Steps Down Due to Personal Matters
Douglas Devine to Serve as Interim CEO While Search for Permanent CEO is Conducted
SAN FRANCISCO, June 01, 2021 (GLOBE NEWSWIRE) iRhythm Technologies, Inc. (NASDAQ: IRTC), a leading digital healthcare solutions company focused on the advancement of cardiac care, today announced that Mike Coyle has decided to resign from his position as President and Chief Executive Officer and a member of the Company’s Board of Directors, effective June 1, 2021, due to personal matters. Douglas Devine, the Company’s Chief Financial Officer, has assumed the role of interim CEO while a search for a permanent CEO is conducted. The iRhythm Board of Directors has formed a CEO search committee and has retained a leading executive search firm to assist in the search proces ....

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iShares NASDAQ Biotechnology Index Fund (NASDAQ:IBB), (ACIU) - The Daily Biotech Pulse: FDA Nod For Novartis, iRhythm CEO Quits Abruptly, Moderna Inks Vaccine Supply Agreements

Here's a roundup of top developments in the biotech space over the last 24 hours.
Scaling The Peaks
(Biotech Stocks Hitting 52-week Highs June 1) Anika . ....

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Moderna seeks full FDA approval for Covid shot

Demand for rapid Covid tests plummets — Biden calls for FDA budget boost ....

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Mid-Morning Market Update: Markets Open Higher; Advance Auto Parts Profit Tops Estimates

Following the market opening Wednesday, the Dow traded up 0.26% to 34,665.01 while the NASDAQ rose 0.15% to 13,757.62. The S&P also rose, gaining 0.23% . ....

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