Waitr Holdings: Slumps after announcing CFO, board resignations

Waitr Holdings

17/10/2019 14:20

** Shares of online food-delivery co  WTRH.O  down 12.6% to
$0.97 premarket, set to open at their lowest ever 
    ** WTRH announces resignation of CFO Jeff Yurecko; says two
board members would leave co as well  urn:newsml:reuters.com:*:nBw10HDwta
    ** CFO's exit follows the resignation of President Joseph
Stough last month  urn:newsml:reuters.com:*:nFWN2630M7
    ** In August, co said COO Adam Price would take up the
mantle of CEO, replacing Founder Chris Meaux, who would solely
as chairman  urn:newsml:reuters.com:*:nL4N2553X9
    ** WTRH had also said it was exploring options including a
sale  
    ** Shares have tumbled ~90% YTD

 (Reporting by Ambhini Aishwarya in Bengaluru)
 ((Ambhini.Aishwarya@thomsonreuters.com; within U.S.+1 646 223
8780; outside U.S. +91 80 6749 0543;))