Dover (NYSE:DOV) Sees 12% Price Dip Over Week Amid Investor Activism on Chairman and CEO Roles
Dover (NYSE:DOV) recently announced that Michael F. Johnston will retire from its board next year and is engaging in investor activism concerning separating the roles of Chairman and CEO. Meanwhile, OPW Retail Fueling, a Dover subsidiary, launched a new product. Last week, Dover's share price declined 12%, a significant move amid the broader market turmoil. This drop coincided with a tumultuous week for the markets, marked by tariff-related concerns leading to a 9.5% decline across major...