Datavault AI Stock Rallies After Board Fires CEO, Several Execs Replaced - Datavault AI (NASDAQ:DVLT)

Benzinga · Erica Kollmann ·

Datavault AI shares jumped after a leadership overhaul that followed invalidated financial statements tied to a $150 million Bitcoin deal.

Datavault AI Inc. (NASDAQ:DVLT) shares jumped Friday after the company moved its finance chief, Brett Moyer, into the CEO role, capping a turbulent stretch that began with a warning about its books.

The stock traded up about 14.5% at roughly 7 cents by mid-morning, according to Benzinga Pro data. More than 70 million shares changed hands in the first hour.

- DVLT stock is climbing on the news. Get all the details here.

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