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Lotus Technology Announces Board Changes Amid Leadership Transition

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Lotus Technology Announces Board Changes Amid Leadership Transition

Confident Investing Starts Here:

Lotus Technology ( (LOT) ) has provided an update.

Lotus Technology Inc. announced a change in its board composition as Mr. Abdul Farid Bin Alias has resigned from his position as a director, effective April 16, 2025. This resignation follows his appointment as Chairman of Bursa Malaysia, effective May 1, 2025, which may impact the company’s strategic direction and governance.

Spark’s Take on LOT Stock

According to Spark, TipRanks’ AI Analyst, LOT is a Neutral.

Lotus Technology’s overall stock score reflects its substantial financial difficulties, including negative profitability and financial instability. While there are positive revenue growth and strategic expansions, these are overshadowed by poor technical indicators and unattractive valuation metrics.

To see Spark’s full report on LOT stock, click here.

More about Lotus Technology

YTD Price Performance: -66.32%

Average Trading Volume: 210,303

Technical Sentiment Signal: Buy

Current Market Cap: $866.9M

For detailed information about LOT stock, go to TipRanks’ Stock Analysis page.

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