Butterfly Network slides as CEO steps down

Butterfly Network

07/12/2022 17:26

** Shares of digital health firm Butterfly Network Inc
 BFLY.N  fall as low as 10.2% at $2.76, - lowest in over 6 mths
    ** Co says Todd Fruchterman would step down as
CEO urn:newsml:reuters.com:*:nBwbbbMbra
    ** BFLY says Chairman Jonathan Rothberg would take over as
interim CEO 
    ** Co had reported bigger-than-expected loss in Q3
    ** Including session's loss, stock is down 56.3% YTD
 (Reporting by Sourasis Bose in Bengaluru)
 ((Sourasis.bose@thomsonreuters.com))