RealD Shares Popped: What You Need to Know
Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What:Volatility, thy name is RealD (NYS: RLD) . Shares of the maker of theater-scale, 3-D imaging technology surged close to 10%, after adding a new board member and reporting the results of its annual meeting of shareholders.
So what: Investors approved a new employee stock purchase plan, and also approved three directors for seats on the company's board, including new addition Dave Habiger. Shareholders also passed an advisory resolution on executive compensation and determined future votes would be held annually.
Now what: Habiger adds TV experience as CEO of Britain's NDS, which specializes in digital pay-per-view programming. Can he help lift RealD's sagging fortunes? You tell me. Weigh in using the comments box below.
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