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Color Star Technology Announces CEO Resignation Amid Investigation

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Color Star Technology Announces CEO Resignation Amid Investigation

Color Star Technology ( (ADD) ) has provided an update.

On March 13, 2025, Color Star Technology Co., Ltd. announced the resignation of its Chief Executive Officer, Louis Luo, which was accepted by the board of directors. However, the board had already decided to remove him from his position effective March 9, 2025, due to concerns about his performance and an ongoing internal investigation into his personal conduct that began on the same day.

More about Color Star Technology

YTD Price Performance: -55.80%

Average Trading Volume: 1,792,695

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: $633.1K

Learn more about ADD stock on TipRanks’ Stock Analysis page.

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