Why ANGI Homeservices Stock Rose Today

Why ANGI Homeservices Stock Rose Today

Shares of ANGI Homeservices (NASDAQ: ANGI) rose as much as 11% today after the company announced that it was appointing a new CEO. ANGI Homeservices has appointed Chief Product Officer Oisin Hanrahan to CEO, effective immediately. Current CEO Brandon Ridenour will step down after serving as CEO since late 2018.