Thread regarding DXC Technology layoffs

Why are we the biggest loser on the Market today? I think it's about 5% down and everyone else is up.

Tells you something, right?

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| 1981 views | | 11 replies (last March 6, 2020) | Reply
Post ID: @OP+13MCOVZ9

11 replies (most recent on top)

The share price is: 19.52 USD −0.48 (2.40%) - 6 Mar.

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Post ID: @4ajj+13MCOVZ9

It is now at $19.95 per share and still dropping. I wonder if this is another trick...

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Post ID: @4qla+13MCOVZ9

if a 8 billion market cap xerox can do a hostile takeover of 30+ billion market cap HP Inc. - anything can happen folks. But that does not take away the fact that there is lot of heavy lifting to be done by Salvino if the company has to turn around.

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Post ID: @2qrx+13MCOVZ9

Am I the only one that is doing back flips seeing this piece of junk at $22?

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Post ID: @2rqh+13MCOVZ9

The share price is horribly down meanwhile they're trying to spin positive stories in their press releases.
DXC are now worth less than CSC was just before the merger!

The truth is they're in trouble and it's only a matter of time.

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Post ID: @2rwx+13MCOVZ9

Even without being an employee and knowing how bad it is, look at the financial statement and ask "Would you invest in that company?" Earnings dropping, revenue dropping, low expectations vs peers. There are plenty of better places to put your money.

And since we're here, the only answer will be more wfr. Sadly, if you can't get sales up the only option is to reduce expenses.

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Post ID: @2ech+13MCOVZ9

$22 and still a falling knife - scary.

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Post ID: @1pfu+13MCOVZ9

Because of the toxic brand built up since day one under leadership of CEO no 1, with no CEO has quite lot to do to change things around or to get it in the best shape for selling bits/ whole of the company off

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Post ID: @1qxr+13MCOVZ9

Honestly....I think the market is starting to see just how bad things are here. It's just a total S*** Show.

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Post ID: @1vbq+13MCOVZ9

Because DXC is run by a bunch of incompetent mo–ns.

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Post ID: @rkv+13MCOVZ9

Maybe because the current price is the true value of DXC?

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Post ID: @mhg+13MCOVZ9

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