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Vodafone's Trading Volume Surges 43.78% to 1.99 Billion, Ranks 489th Despite 2.79% Stock Price Drop

Market BriefWednesday, May 7, 2025 7:47 pm ET

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On May 7, 2025, Vodafone's trading volume reached 1.99 billion, marking a 43.78% increase from the previous day. This surge placed Vodafone at the 489th position in the day's stock market rankings. However, despite the high trading volume, Vodafone's stock price fell by 2.79%.

Vodafone's Chief Financial Officer, Luka Mucic, announced his resignation, effective by early 2026. This unexpected move comes after less than three years in the role. Mucic's departure is significant as he will be taking on the CEO position at Vonovia SE, a German real estate company. This leadership change is part of Vodafone's ongoing efforts to address performance issues, particularly in its largest markets.

Mucic's resignation is a notable development for Vodafone, as he has been a key figure in the company's financial strategy. His departure could potentially impact investor confidence and the company's future financial performance. The search for a new CFO is underway, and Vodafone is expected to announce a replacement in the coming months.

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