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L3Harris (LHX) Stock Falls 3% After CEO Removed Following Conduct Review

By Trader Edge at 2026-10-03 00:27

Sentiment: Positive

TLDR L3Harris CEO Christopher Kubasik stepped down immediately after a conduct review found behavior inconsistent with the company’s Code of Conduct. Insider Sam Mehta has been appointed as the new president and CEO, effective immediately. LHX stock fell around 3% on the news, trading at $282.54. The conduct issue was unrelated to financials, controls, customer [...] The post L3Harris (LHX) Stock Falls 3% After CEO Removed Following Conduct Review appeared first on CoinCentral. Continue reading...

Categories: Stocks

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