I was impacted by the layoffs yesterday. Wondering whether to hold onto my stock till the deal closes which might be a year out or sell now. Don't see much upside from this point unless there is another buyer who buys into this AI native hoopla and raises the buy price.
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Mid August? What have everyone heard about the target close date and the resulting layoffs? Perhaps the layoffs will be preemptive rather than resulting? Who knows?
Today is the last day for the folks who are classified as insiders to sell. The next window opens in early May. The stock has gone down nearly a $ from last week. The folks who sold off then and reinvested are very smart. I missed the boat.
Sell now. Invest in a high growth stock like NVDA and you'll already make up that 5% in less than a week. Juniper stock is dead money.
Sell now is a good advice. HPE is targeting mid August to close the acquisition.
I was also affected yesterday. Good thoughts about upside vs. downside risk. Guess it's time to sell.
I thought all layoffs were supposed to be finished by Q1 end? I heard that there might be another layoff in April?
Regardless, I am sorry that you aren't with us anymore. I've seen some upper management layoffs yesterday.
Hopefully the cut isn't much.
Sorry to hear that you were impacted. It's quite unfortunate that Juniper is doing trickle layoffs at this time. Since you already held stock till now, you will get the dividend payout on March 22. No more future dividends announced yet. Upside is only till $40 and it will only reach that price when the deal closes a year from now. Given how bad Q4 was, there is no confidence in Juniper management that this year will be any better, since they are already cashing out. Upside is 5%, downside is 40%. It's a no brainer. SELL SELL SELL.
All the very best to you.