SPI Energy Stock Down 12%

Shares of SPI Energy Co., Ltd. (SPI) are slipping over 12% on Thursday morning. The stock is currently trading at $2.98, down $0.42 or 12.3529%, on the Nasdaq.

Renewable energy company SPI Energy Thursday announced its wholly owned Phoenix Motorcars subsidiary has appointed auto industry veteran Lance Zhou, Ph.D., as its Executive Director and new Chief Executive Officer, effective March 28, 2022.

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