Star8 Corp (OTCMKTS:STRH) fell 21% in the last session. The tech and eCommerce holding firm has announced the appointment of Bart Butler as Board Member and Strategic Advisor to its CEO. Butler is expected to commence the role effective immediately.
Trading Data
On Friday, STRH stock slumped 21.26% to $0.0300 with more than 475k shares, compared to its average volume of 594k shares. The stock has moved within a range of $0.0265 – 0.0421 after opening trade at $0.0420.
Star8 Corp. Welcomes Business Industry Veteran, Bart Butler as Strategic Advisor to the CEO and Board Member
He has over 30 years of experience, including serving in C-Suite and senior executive positions at the European Wax Center and Walt Disney World. In addition, Butler received seven patents and Disney Inventor Wards, which is an accolade that is the pinnacle of acknowledgment at Disney.
CEO Mario Diez explained that Bart has a reputable track as an innovator and leader that motivates his group to go for excellence. Equally, his insights and guidance will be important as he joins the company in the new role. Butler said that he appreciates the welcome from Star8, and he is looking forward to helping the company grow. In his role, Butler will advise the company’s CEO on innovation and strategic growth initiatives as per market trends. Therefore, in the coming months, investors should watch STRH.
Key Quote
“Bart has a proven track record as a leader and innovator who motivates his team to strive for excellence,” said Mario Diez, Chief Executive Officer of Star8 Corp. “His guidance and insights will be invaluable as he joins Star8 in this new role.”
Technical Data
STRH stock is below the 20-Day and 50-Day Moving averages of $0.0406 and $0.0428 respectively. Moreover, the stock is below the 200-Day moving average of $0.0416.
