RingCentral Stock Tumbles as Street Worries COO Exit Signals Slower Growth

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https://www.barrons.com/articles/ringcentral-stock-tumbles-as-street-worries-coo-exit-signals-slower-growth-51639069625

Technology
Street Notes

Dec. 9, 2021 12:07 p.m. ET

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RingCentral shares are trading sharply little Thursday aft the cloud-based communications institution announced that Anand Eswaran is stepping down arsenic the company’s president and main operations officer.

In a connection included successful the announcement, Eswaran said helium is taking a presumption arsenic CEO for a “late signifier backstage company” not competitory with RingCentral (ticker: RNG) that has implicit $1 cardinal successful yearly recurring revenue. He didn’t place the company.

RingCentral...

RingCentral Stock Tumbles arsenic Street Worries COO Exit Signals Slower Growth

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