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Stock impact report

Concerned Shareholders Issue Letter to Oportun Financial Corporation's Board of Directors Regarding the Urgent Need for Changes in Management and Strategy [Yahoo! Finance]

Oportun Financial Corporation - common stock (OPRT) 
Last oportun financial corporation - common stock earnings: 2/27 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
issued the below open letter to the Board of Directors (the "Board") of Oportun Financial Corporation (NASDAQ: OPRT) ("Oportun" or the "Company") regarding the need to appoint a new Chief Executive Officer ("CEO") and enact further changes to support value creation. Oportun Financial Corporation 2 Circle Star Way San Carlos, California 94070 Attention: The Board of Directors (Roy Banks, Jo Ann Barefoot, Mohit Daswani, Ginny Lee, Carlos Minetti, Louis P. Miramontes, Sandy Smith, Raul Vazquez and R. Neil Williams) Members of the Board, We are meaningful and concerned shareholders of Oportun, with strong conviction that the Board needs to take immediate action to replace the Company's existing CEO with a proven industry operator. The Board's long-term gamble on a CEO who comes from a big company culture and lacks relevant industry experience has proven to be a mistake. Oportun's share price has declined by approximately 84% since its 2019 initial public offering and is down m Show less Read more
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