RTTNews | Apr 16, 2021 09:58AM EDT

09:57 Friday, April 16, 2021 (RTTNews.com) - Splunk Inc. (SPLK) shares are sliding on Friday morning trade as the company stated in a filing that its Chief Technology Officer and Senior Vice President Tim Tully will resign, effective May 4. Tully will join Menlo Ventures as a partner.

Currently, SPLK is at $136.69, down 7.88 percent from the previous close of $148.38. For the 52-week period, the shares have traded in a range of $123.51-$225.89 on average volume of 2,284,098.

Tully has been responsible for 10 acquisitions of Splunk and instrumental in a shift to the cloud.

Read the original article on RTTNews ( https://www.rttnews.com/3185667/stock-alert-splunk-down-8-as-cto-tim-tully-plans-to-resign.aspx)

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