Norgwegian fingerprint tech firm Idex saw its share price plunge 44% after its CEO stood down and the company issued a loss in its annual results.Idex, which this week also announced a major contract win and launched a new range of on-card fingerprint sensors, had reported a net loss of NOK 85.7 million in the fourth quarter of 2019, compared to a net loss of NOK 63.4 million in the fourth quarter of 2018.In the full year of 2019, the group recorded a loss of NOK 285.3 million, compared to a loss of NOK 246.1 million for the full year of 2018.The company's share price fell 45.96% to $0.07 on 27 February after the results were announced, regaining 10% a day later.It appointed Vince Graziani as new CEO effective 27 February after Stan Swearingen stood down.
Idex reports loss in 2019
