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Stock impact report

LiveWire Group (LVWR): Assessing Valuation Following Major Leadership Transition [Yahoo! Finance]

LiveWire Group, Inc. (LVWR) 
Company Research Source: Yahoo! Finance
The company announced that Jochen Zeitz, its founding Chairman and CEO, plans to step down from the Board at the end of the month, coinciding with his retirement from Harley-Davidson. Zeitz has been a central figure since LiveWire's inception, guiding it through its debut as the first publicly traded electric motorcycle company. In his place, the Board intends to appoint Jonathan Root, a director well-versed in corporate finance and Harley-Davidson operations, as Chairman starting in October. It's not just a changing of the guard; investors are trying to piece together what this means for LiveWire Group's trajectory. While the company's shares have edged up around 29% in the past month, they are still down 31% over the last year and have lost more than half their value across three years. Despite some recent momentum, performance has been uneven, as the market digests both strategic shifts and broader uncertainty in the electric vehicle space. Now, with a major leadership handoff Show less Read more
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