RTTNews | Jan 11, 2022 01:38PM EST

13:38 Tuesday, January 11, 2022 (RTTNews.com) - New York-based dog-products manufacturer, BARK, Inc. (BARK), saw its stock jump 29% on Tuesday after the company announced the return of the co-founder of the company as the CEO.

The company said that Matt Meeker, the co-founder and executive chairman of the company will take on the reins of the company effective immediately and Manish Joneja, the incumbent CEO has expressed his desire to stay closer to his family in Seattle. Joneja will act as an advisor till April, 2022 to ensure a smooth transition.

Meeker has previously lead the company for nine year from 2011.

The stock is currently trading at $4.65, up $1.05 or 29.30% since the previous close at $3.60. In the morning, the stock opeend at $3.67 and in the 52-week period, the shares have ranged between $3.37 and $17.25.

Read the original article on RTTNews ( https://www.rttnews.com/3254338/bark-jumps-29-as-co-founder-matt-meeker-returns-as-ceo.aspx)

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