SeaChange tumbles after revised outlook, levels to watch The shares were down in the extended session following a revision of its Q4 and FY14 EPS views. At the current price of $10.10, support is at $9.92 which is a double bottom area from August of last year. Resistance is at $10.61.
SeaChange leadership change signals company on track, says Brean Capital Brean Capital said the SeaChange leadership change signals the company is emerging from difficult times. The firm believes the infusion and insertion software is the heart of the company's growth prospects and will drive shareholder value. Brean Capital reiterates its Buy rating and $11 price target on SeaChange shares.
SeaChange appoints Jay Samit as CEO SeaChange announced that the board has unanimously appointed Jay Samit as CEO effective immediately. Samit will also become a member of the Board. Samit succeeds SeaChange's current CEO Raghu Rau. Samit was most recently president at ooVoo.