ShiftPixy announced the appointment of Patrice Launay as CFO, effective immediately. Launay succeeds Stephen DeSantis who resigned from the company as reported on October 5, 2017. Immediately before joining ShiftPixy, he served as a financial and accounting manager for RxSight.
ShiftPixy will open its first regional office in New York City's Grand Central Station. This regional office will house local sales and client support staff. Following the opening of the New York office, ShiftPixy plans to open additional regional offices in Illinois, Florida and Texas.
The shares were last at $11, trading up over 8% on the day and adding to the better than 24% gain in the prior session. Without overhead resistance established at this price level, the $11.50-$12 area would be the next likely probe higher. Support is at the prior high at $10.50.