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Bloomberg

Acer Rises for First Time in Six Days After CEO Resigns

April 01, 2011, 1:19 AM EDT

By Janet Ong

April 1 (Bloomberg) -- Acer Inc. shares rose for the first time in six trading days after it yesterday announced Chief Executive Officer Gianfranco Lanci resigned after clashing with board members over future strategy.

The stock gained 1.7 percent to NT$67 as of 9:09 a.m. in Taipei trading.

To contact the editor responsible for this story: Janet Ong at jong3@bloomberg.net

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