Verb Technology Company, Inc. shares rise 7.89% premarket after loanDepot, Inc. announced executive appointments to drive growth and innovation.

Verb Technology Company, Inc. rose 7.89% in premarket trading. The company's stock price increase may be attributed to the recent executive appointments at loanDepot, Inc. (NYSE: LDI), which is a strategic partner of Verb Technology. The appointments of Dominick Marchetti as Chief Digital Officer and Sean DeJulia as Chief Innovation Officer are aimed at driving profitable growth and operating leverage through the development of best-in-class technology. These strategic moves are expected to enhance loanDepot's competitive advantage and operational outcomes, which could positively impact Verb Technology's business and stock performance.