Aston Martin CEO Steps Down
Andy Palmer, President and Group CEO, Aston Martin Lagonda, speaks at the opening of the new factory in Saint Athan, Wales, Britain December 6, 2019. REUTERS/Rebecca Naden

Aston Martin CEO Steps Down

Aston Martin CEO steps down and replaced by CEO of AMG. As investors, we look for opportunity to make quick trades as well as look long term. I would not invest in Aston Martin long term, but I see value to taking advantage of good news and market reactions. I purchase shares of Aston Martin as the news was announced, the replacement of a CEO with a record of dwindling sales is always good news. Especially if he/she is replaced by someone better. Made around a 30% gain when I sold the stock today on a short term trade. 

Leave a Reply