New answers tagged profitability
7
votes
Have companies gone bankcrupt shortly after their stock going up?
Recently, Spotify, while doing 70M profit for Q3, laid off 1500
people, which could approximately double those profits (those people
would have cost around 280M a year). This had their stock close up ...
- 136k
2
votes
Have companies gone bankcrupt shortly after their stock going up?
Stock motion is related to perception of a company's probable future value.
That perception is not always correct. Disasters can occur (COVID-19 wiped out many small businesses that relied in direct ...
- 43k
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