News
We provide the latest news from the world of economics and finance
(RTTNews) - Massimo Group (MAMO), Monday announced the transition of David Shan's role from Chief Executive Officer to Executive Chairman of the company.
Also, it announced the appointment of Quenton Petersen as the new CEO, effective April 14, 2026.
Commenting on the company's plans, Petersen said, "We plan to evaluate opportunities to expand these platforms into additional use cases, such as facility operations support and smart mobility applications, while taking a disciplined and measured approach."
Currently, MAMO is dropping 8.33 percent, to $1.1250 on the Nasdaq.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
© 2026 Lime Trading (CY) Ltd
Lime Trading (CY) Ltd is authorised and regulated by the Cyprus Securities and Exchange Commission in accordance with license No.281/15 issued on 25/09/2015. The "Just2Trade" trademark is owned by LimeTrading (CY) Ltd.
Registration Number: HE 341520
Address: Lime Trading (CY) Ltd
Magnum Business Center, Office 4B, Spyrou Kyprianou Avenue 78
Limassol 3076, Cyprus
Disclaimer:
All promotions, materials and information of this website may have applied conditions. Please contact the Company for further details
Trading on financial markets carries risks. The value of the investments can both increase and decrease and the investors may lose all their investment capital. In case of a leveraged product, the loss may be more than the initial capital invested. Detailed information on risks associated with trading on financial markets can be found in General Terms and Conditions for the Provision of Investment Services.
E-mail: 24_support@j2t.com
