it has lost 60% in last 3months
8 replies (most recent on top)
Hope it goes to zero. Damn greedy executives do not want to share any wealth with its employees!!! Maybe giving stock options to employees may motivate employees.
Sabre shares used to be above $20 until the change in mgt 5 or 6 years ago. The layoffs taken place since Covid did not make bring up the price instead it got worst!!! What is mgt doing? More layoffs :(
No, it means investors need to see more savings/more layoffs.
The leadership has not yet figured out that cutting headcount is not helping. LOL.
On Friday (May 12) SABR stock hit a new all-time low of $3.14 per share. That is lower than the lowest during COVID in May 2020 ($3.30). The stock made a new 52 week low every day but Monday last week in spite of the announcement of the 15% layoffs and cost cuttings.
Buy the dip! Stock price will soar after the layoffs.
But you know that executives have also preferred stocks worth around 47USD per share? Code SABRP. And lot of new shares were emitted lately. Not sure how it works exactly and who got them, but documents are there on us gvmt sites. I believe that might impact the price.
Just when I think it cant go any lower, it does.