GCDT pops as traders pile into Green Circle Decarbonize after CFO filing
Green Circle Decarbonize Technology Ltd. shares spiked ahead of the open Wednesday after the company announced an executive hire. GCDT traded at $1.28 in pre-market, gaining 91.04% from a $0.67 close on June 9. Google Finance showed volume at 47.70 million shares versus an average near 500,000. Green Circle installed Louis Ho Ming Leung as CFO, effective June 8, just weeks after ex-CFO Lai Tai Yan stepped down April 15. In a prior SEC filing, the company said Lai left with no disagreements over how the business is run. The main point: new finance chief in, old one out, but not much noise around the change.