News Formal

Oisín Hanrahan steps down from Nasdaq-listed Angi as company’s valuation collapses

  • 📰 businessposthq
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 71%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Irish entrepreneur is leaving the company 20 months after taking over as chief executive. Angi is trading at $2.95 a share versus $13.30 a year ago

Irish entrepreneur Oisín Hanrahan has stepped down as chief executive of Nasdaq-listed Angi, whose market cap has fallen from over $7 billion to $1.48 billion in just over a year.

Hanrahan took over as chief executive of the Angi group in February 2021, two years after it acquired Handy, a booking system for pre-screened cleaning and DIY staff, that the entrepreneur co-founded with Umang Dua.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

UK turmoil set to hit Irish SMEs’ business there, Asia-focused think tank saysUK turmoil set to hit Irish SMEs’ business there, Asia-focused think tank says via IrishTimesBiz
Source: IrishTimesBiz - 🏆 6. / 77 Read more »