Etrade ($ETFC) Fires CEO-future of Brokerage Firm looking up

News is out this morning that Etrade, one of the leading brokerage firms, has fired its CEO and named their chairman Mr. PETRILLI the interim CEO. The brokerage firm has been struggling for a while financially and its stock has been on a nose dive since financial crisis in 2008. With the CEO being fired, market seems to be liking the change and the stock is up almost 3% in the pre-market today.

It will be quite interesting what this change does to the brokerage firm future. At CompareBroker, we have been covering Etrade as one of our leading brokerages and more details about our coverage can be found at Etrade Review

Etrade faces strong competition from its rivals specially our top brokerage firm TD Ameritrade. Traders / investors interested in opening a new brokerage account of considering to switch an existing account, please be sure to check out the details about Ameritrade.

If you have any questions, please feel free to reach out to us and we are happy to assist.

Related posts: