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0.00403225806451612 0.00403225806451612 -0.00582437275985659 0.000896057347670232 -0.0026881720430107 -0.0206093189964158 -0.0344982078853046 -0.0264336917562724
Stock impact report

Why Is Core Scientific Stock Gaining Today? [Yahoo! Finance]

Core Scientific, Inc. (CORZ) 
Company Research Source: Yahoo! Finance
This appointment is part of the previously disclosed CFO transition plan, with Jim Nygaard succeeding Denise Sterling. Core Scientific noted Sterling was promoted to CFO shortly before the company filed for Chapter 11, playing a vital role in stabilizing and repositioning the company. Core Scientific emerged from Chapter 11 early last year. Nygaard has nearly 30 years of investment banking experience, specializing in M&A, corporate finance, and capital raising. Since 2008, he has been Managing Director and Head of M&A at XMS Capital Partners, advising clients on strategic transactions and financing. From 2021 to 2022, Nygaard served as Chief Financial Officer of Power & Digital Infrastructure Acquisition Corp., which merged with Core Scientific. Prior to XMS Capital, Nygaard spent 12 years in Morgan Stanley ‘s Investment Banking Division. Adam Sullivan , Chief Executive Officer of Core Scientific, said, “As a premier digital infrastructure provider for high-performance comp Show less Read more
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