As technology stocks have boomed, shares of technology investor Difference Capital Financial have gone the wrong way. Thursday, the company founded by high-profile trader Michael Wekerle unveiled a restructuring aimed at turning things around.
Amid talk of pressures building inside the firm, Difference said that three directors would leave. The company also said it would sell a large block of stock in another company, raising $22-million that should answer any questions about liquidity. There are also likely to be further personnel changes at the company that manages the publicly traded side of Difference.