Yeti CFO Paul Carbone resigning effective Oct. 28, shares dip 3.5% premarket

Yeti Holdings Inc. said Friday that Chief Financial Officer Paul Carbone is resigning effective Oct. 28, to pursue a business opportunity that will allow him to be closer to family in Boston. The provider of outdoor products such as coolers and drinkware and backpacks has commenced a search for a replacement. Shares were down 3.5% premarket and have fallen 65% in the year to date, while the S&P 500 has fallen 21%.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.