This morning Motorola (MOT) announced that Ed Zander would be stepping down effective January 1st after nearly four years on the job. MOT investors apparently like the news as the stock is set to open up 4.22%. Interestingly, over the last four years, MOT has had only one other move of exactly 4.22%. That occurred on December 16, 2003, which was the day the company announced that Ed Zander would become CEO.
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