Up almost $10 from lows in less than a month. Is there a reason or just random?
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I can't help thinking this company is going to keep losing on investment performance. They don't even question the management methods they developed back in the 1900s. The stock market's trading environment has changed dramatically with the spread of the internet and AI, so why don't they bring in new perspectives or challenge their existing framework? They just keep telling clients the same things over and over. And when they underperform, they blame it on market conditions—aren't they embarrassed? Honestly, it feels way too complacent to me…
@1cs perhaps. But you might ask. who would buy the company. Didn’t Goldman Sachs look at it and decided not to buy ? It’s not been a stellar performer.
@1cs and a bunch of layoffs to follow!
@w1 Honestly, if you’re a shareholder, selling the company is probably the fastest way to boost the stock price. From an employee’s perspective, though, that’s a tougher sell—unless it means bringing in stronger, more capable leadership at the top
@OP because it went down so much for 2 months it is time to go back up…still way below where it was though.
A sale of the company?
Wall Street loves layoffs
It's macro, everything is catching a lift right now
@ad Yep - all of those indispensable experts that we see on here - would love to know. I only check it periodically as it has been stuck for a while...the only day I noticed it got over $95. There were a couple of times on the news they were talking about "record highs" in the stock market and still there was little movement in T Rowe so it may be another reason. Stockholders love layoffs...maybe they visited this website.
Never read “War is a racket”? I wonder how the market performed, over the last few Middle East poundings. Say 1991 to present. Some here could enlighten us.
@OP Just a spot of wild speculation here, but it might be because the market is up.