🔴 Smith Micro Software is trading 8.3% down today after founder returned as president and CEO

Smith Micro Software is trading 8.3% down at $2.69 after announcing on September 18, 2026, that founder William W. Smith Jr. returned as president and CEO.

• Tim Huffmyer resigned on September 17, 2026, to pursue other opportunities while remaining on the board.
• The abrupt leadership change is the clearest company-specific catalyst for the decline, while broader markets are only modestly lower.