Eightco Holdings (NASDAQ:ORBS) shares are down on Wednesday as the company is trending overnight following a notable announcement regarding its board of directors.
ORBS Jumps on Tom Lee Board Appointment
The stock’s recent uptick follows the appointment of Tom Lee, Chairman of Bitmine, to the board of directors, while Dan Ives stepped down as Chairman.
This change in leadership has contributed to a sense of optimism among investors, as the stock also saw an increase of 34.13% during the previous trading session.
In addition to the leadership shift, Ethereum’s price has risen, which may also be influencing sentiment around Eightco Holdings.
As Ethereum exchanges …