Vestis Corporation (VSTS) shares declined on Tuesday, falling 10.65 percent to $6.76, down $0.80, after the company announced that Executive Vice President and Chief Financial Officer Kelly Janzen will depart to pursue other opportunities. Janzen will remain with Vestis through the end of calendar year 2025 to support a smooth transition.
The stock was trading at $6.76, compared with a previous close of $7.56 on the New York stock Exchange. Shares opened at $7.25 and moved within a day's range of $6.42 to $7.46. Trading volume reached 3.31 million shares, above the stock's average volume of about 2.56 million.
Vestis is trading within a 52-week range of $3.98 to $16.68. The market reaction reflects investor caution following the leadership change, despite the company's plan for an extended transition period.
For comments and feedback contact: editorial@rttnews.com
Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.