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Algorhythm Holdings ( (RIME) ) has issued an update.
On February 13, 2025, Algorhythm Holdings terminated Richard Perez as Chief Financial Officer without any disagreements on company matters and appointed Alex Andre as the new Chief Financial Officer and General Counsel on the same day. Andre, who has nearly 25 years of experience in executive management and finance, is expected to contribute significantly to Algorhythm’s strategic growth, especially with its SemiCab investment, aiming to enhance operational excellence and shareholder value.
More about Algorhythm Holdings
Algorhythm Holdings, Inc. is an AI-driven technology and consumer electronics holding company with primary investments in SemiCab Holdings, an AI-enabled global logistics company, and The Singing Machine Company, a leader in consumer karaoke products.
YTD Price Performance: -84.60%
Average Trading Volume: 645,487
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $6.45M
For a thorough assessment of RIME stock, go to TipRanks’ Stock Analysis page.