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Stock impact report

Kimco CEO tests positive for COVID-19, continues to perform CEO responsibilities [MarketWatch]

Kimco Realty Corporation (KIM) 
Last kimco realty corporation earnings: 1/30 07:30 am Check Earnings Report
US:NYSE Investor Relations: investors.kimcorealty.com
Company Research Source: MarketWatch
Kimco Realty Corp. disclosed Monday that Chief Executive Conor Flynn has tested positive for the COVID-19 virus. The real estate investment trust, which operates open-air shipping centers, said Flynn was tested after showing mild symptoms. He has continued to perform his responsibilities as CEO "at all times," the company said. "The company maintains full succession plans for all senior executives including temporary delegation of responsibilities to other leaders within the organization if necessary for any reason," Kimco said in a filing with the Securities and Exchange Commission. The stock, which rose 4.4% in premarket trading, has tumbled 62.5% year to date through Friday, while the SPDR Real Estate Select Sector ETF has lost 24.2% and the S&P 500 has declined 23.0%. Show less Read more
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