Perhaps they had 2nd thoughts about who they demanded to be CEO.
https://www.quiverquant.com/news/New+Analyst+Forecast%3A+%24UNP+Given+%24251.0+Price+Target
5 replies (most recent on top)
Yes, SELL!
Oh no. Is it time to sell?
I heard a story that Soroban was forced to sell off their UP stock by the majority shareholders. It would make sense because they wanted Vena in there in the worst way, fired Fritz, and sc--wed the rest of the shareholders in the process.
All employees should sell off all their shares same day and watch it fall.
That's not surprising at all! They were a minority investor who was probably betting big on Venas PSR gamble. What the investors should've done was listen to the company as a whole before injecting Vena into the top spot. Just looking at the UP's history would've told anyone with the common sense of an infant that PSR was a failure before it started. The UP employees were chirping about PSR and just how bad the idea was. The investors didn't listen and it's costing them big. All I can say is that this is what Soroban wanted. I hope they're enjoying it!