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Snap shares are down, CBS under pressure, Alibaba dips

Yahoo Finance

Let’s check out the Yahoo Finance charts of the day.

Snap (SNAP): The social media company announced that its chief strategy officer, Imran Khan, is stepping down.

CBS (CBS): Leslie Moonves is stepping down as chairman, president, and CEO “effective immediately, the company announced Sunday evening following numerous allegations of sexual misconduct.

Alibaba (BABA): CEO Daniel Zhang will succeed Jack Ma as chairman of the board in 12 months. Ma will remain until then to smooth the transition.

For more on today’s big stock movers check out the Final Round, live at 3:30 p.m. ET, right here on Yahoo Finance.