Why Did CPI Aerostructures (CVU) Shares Jump Over 17% In After-Hours Trading? - CPI Aerostructures (AMEX:CVU)

Core Insights - CPI Aerostructures Inc. shares increased by 17.52% in after-hours trading, reaching a price of $3.69 [1] Management Changes - CPI Aerostructures appointed Robert Mannix as Chief Financial Officer and Secretary, effective Tuesday [2] - Mannix has a background as Executive Vice President, Chief Accounting Officer, and Head of Tax and Treasury at West Technology Group LLC, and has held senior finance roles at Verint Systems Inc. and Motorola Inc. [2] - Mannix succeeds Pamela Levesque, who served as Interim CFO and Secretary [3] Compensation Details - Mannix's annual base salary is set at $300,000 [3] - Starting from fiscal 2026, he is eligible for a 40% target bonus and a 40% long-term incentive award, both based on his base salary and payable in restricted stock [3] Trading Performance - CPI Aerostructures' stock is down 27.15% year to date but has increased by 7.53% over the past six months [4] - The company has a market capitalization of $41.40 million, with a stock price range of $2.02 to $5.85 over the past year [4] - Current trading metrics indicate long-term consolidation with medium- and short-term upward movement [4]