Professional Diversity Stock Soars 15% On New CEO Appointment

(RTTNews) - Professional Diversity Network, Inc. (IPDN) shares surged 14.92 percent to $2.08 after announcing the appointment of Xun Wu as Chief Executive Officer, effective July 22, 2025. The leadership change is seen as a strategic move signaling a new growth phase for the company, focused on AI-driven workforce innovation and global expansion.

The stock opened at $2.29 and traded between $1.92 and $2.68, with volume exploding to over 32.3 million shares far exceeding its average of about 1.05 million on the Nasdaq. IPDN now trades well above its 52-week low of $0.97, though it remains significantly below its high of $11.20.