Thread regarding GlobalFoundries layoffs

Mubadala divestment continues

https://ca.investing.com/news/stock-market-news/why-is-globalfoundries-stock-tumbling-today-93CH-46

Down to ~73% Majority stake from recent previous of 78%. With restrictions in place every 60 days in between these events and already having done the same a couple of months ago, only a little more to get under the 50% mark. Notice this time GF did not announce Share buybacks. The cash spigot runneth dry perhaps?

RUN!!


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https://ca.investing.com/news/stock-market-news/why-is-globalfoundries-stock-tumbling-today-93CH-4662076

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