What you say?
4 replies (most recent on top)
That's what will happen in earning call.
They will announce cost cutting in earning call to boost stock. CEO is trying to save his as* at any cost.
They will do it even if earning is good or there is any other good news.
It's a cheap shot to lay off just to increase stock price. For majority employees increase in stock price by 5 to 15% is not going to be life changing event.
If SPY goes down 1%, QCOM will go down by ~3%. If Spy goes up 2%, QCOM stays flat.
I doubt