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Nixxy Appoints CEO Mike Schmidt to Board

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Nixxy Appoints CEO Mike Schmidt to Board

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The latest update is out from Nixxy ( (NIXX) ).

On July 23, 2025, Nixxy, Inc. appointed Mike Schmidt to its Board of Directors. Schmidt, who has been the company’s CEO since May 2025, brings over two decades of experience in the communications sector, having held significant positions at various companies. His appointment is expected to strengthen Nixxy’s leadership and strategic direction in the communications industry.

Spark’s Take on NIXX Stock

According to Spark, TipRanks’ AI Analyst, NIXX is a Underperform.

Nixxy’s significant financial challenges, including declining revenues, high leverage, and negative cash flows, substantially weigh down the stock score. Technical analysis indicates a bearish trend, and the negative P/E ratio highlights valuation concerns. The lack of earnings call and corporate events leaves these factors unchanged.

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

More about Nixxy

Nixxy, Inc. operates in the communications industry, focusing on providing innovative communication solutions.

Average Trading Volume: 264,187

Technical Sentiment Signal: Sell

Current Market Cap: $39.22M

See more insights into NIXX stock on TipRanks’ Stock Analysis page.

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