Professional Diversity Network stock soars after two directors resign

Published 23/09/2025, 14:22
© Reuters.

Investing.com -- Professional Diversity Network Inc (NASDAQ:IPDN) stock surged 52.8% in premarket trading Tuesday following the announcement of two directors resigning from the company’s board.

The company disclosed in a regulatory filing that Mr. Long Yi and Ms. Eloisa Sultan both resigned from their positions as directors effective September 17, 2025. According to the filing, both directors indicated that their decisions to resign were not the result of any disagreement with the company regarding its operations, policies, or practices.

Professional Diversity Network stated that its board of directors is currently in the process of identifying and evaluating potential candidates to fill the vacancies created by these resignations.

The company, which operates professional networking platforms focused on diversity recruitment and professional development, provided no additional details about the circumstances surrounding the departures or the timeline for appointing new board members.

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