Chemours stock soars on addition of Google VP to board

Shares of Chemours experienced a significant surge, climbing as much as 10% during intraday trading,after it announced the appointment of Joseph Kava, Vice-President of Data Centers at Google (NASDAQ:GOOGL ), to its board of directors.

The increase marked the largest single-day rise for the chemical company since November.

"The addition of Joe with his deep and broad range of skills and experience in technology, most recently in data centers and semiconductors, will further enhance the execution of Chemours’ business strategy,” Dawn Farrell, Chemours’ Board Chair said in a press release.

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Source: Investing.com