Charles River Associates (NASDAQ: CRAI), a worldwide leader in providing management, economic, and financial consulting services, today announced that Dr. Matthew Bennett has joined the firm as a vice president in the Competition & Antitrust Practice based in London. Prior to joining CRA, Dr. Bennett served as the director of economics at the Office of Fair Trading (OFT) in the United Kingdom where he was responsible for the economic policy, financial analysis, and statistics and econometrics teams. This included supervising the economic review of OFT cases, commissioning economic research, and developing the OFT’s economic approach to competition and consumer policy. He advised on competition cases involving the banking, construction, retail, and tobacco industries, among others. Dr. Bennett joined the OFT in 2008. Prior to that, he was a principal at LECG and also worked for the UK Communications Regulator OFCOM within the Chief Economist’s team. In addition, he has authored papers in the area of competition and consumer policy, most recently in the area of information exchange. Dr. Bennett earned his PhD degree in Economics from the University of Warwick and completed a Post-Doctorate degree in Economics from the Toulouse School of Economics. About Charles River Associates (CRA) Charles River Associates® is a global consulting firm specializing in litigation, regulatory, and financial consulting, and management consulting. CRA advises clients on economic and financial matters pertaining to litigation and regulatory proceedings, and guides corporations through critical business strategy and performance-related issues. Since 1965, clients have engaged CRA for its unique combination of functional expertise and industry knowledge, and for its objective solutions to complex problems. Headquartered in Boston, CRA has offices throughout North America, Europe, the Middle East, and Asia. Detailed information about Charles River Associates, a registered trade name of CRA International, Inc., is available at http://www.crai.com.
Shares of CRA International (Nasdaq:CRAI) have taken a tremendous swing upward. The stock is trading at $24.92 as of 11:21 a.m. ET, 23.4% above Wednesday's closing price of $20.19. Volume is at 20,984, 0.5 times the daily average of 40,100.
Shares of CRA International (Nasdaq:CRAI) were gapping down Monday morning with an open price 14.3% lower than Friday's closing price. The stock closed at $19.87 yesterday and opened today's trading at $17.02.