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The latest update is out from Reed’s ( (REED) ).
On March 17, 2025, Lewis Jaffe resigned from the Board of Directors of Reed’s, Inc., effective March 31, 2025. Jaffe, who served as Chair of the Governance Committee and was a member of the Compensation and Audit Committees, cited recent changes in ownership, leadership, and decision-making processes as reasons for his departure. He expressed a fundamental difference in views on corporate governance and the board’s role in guiding the company’s strategic direction, as well as concerns about the majority investor’s intent to replace independent directors over time.
More about Reed’s
YTD Price Performance: 85.21%
Average Trading Volume: 6,453
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $61.38M
See more data about REED stock on TipRanks’ Stock Analysis page.