Manhattan Associates (MANH) Stock Trades Down, Here Is Why
Shares of supply chain optimization software maker Manhattan Associates (NASDAQ:MANH) fell 10.8% in the afternoon session after the company announced that Eddie Capel, who joined in 2000, will retire as President and CEO. Eric Clark, currently CEO of NTT Data North America, will succeed him. Before leading NTT Data North America, Clark held leadership roles at ServiceNow, Dell, and Bank of America. Under Capel's leadership since 2013, when he became CEO, shares of MANH gained nearly 2,000%. Howe