They should be locking the doors any day.
Stock Price $10.78 -0.10 (-0.92%)
7 replies (most recent on top)
You obviously don't know how stocks work. The market cap is the value of the company: stock price x number of shares, however Diebold has been on a tear since their bankruptcy up 90%
Market cap of:
Diebold is 1.3 B , (up 90% since bankruptcy)
Voyix is 1.81 B (down 24% since split)
Atleos is 1.4 B (down 6% since split)
3/26/24 both Voyix and Atleos added together do not exceed Diebolds stock!
Diebold went into bankruptcy and came out the other side with reworked debt just last year. Their stock price is in the low 30’s now.
Voyix will be sold or do the same as Diebold did.
I looked up the USA severance payment laws, wow, the laws don’t exist, Voyix is off the hook with anyone in the USA, think about joining the union, at least you will have a contract that dictates what you get.
severance package? What decade are you living in? There won't be any severance packages for anyone when the company is sold for pennies on the dollar, or just files for bankruptcy.
- 5 billion dollars in debt, 3 billion dollars market value, lost 314 million in the 4th quarter, can’t cover interest rates on the debt. Do the math and decide for yourself.
As I said before, the stock market is booming, Yet Voyix is down 40% in the past six months, and the debt is massive, the market cap isn’t anywhere near the debt, Starvation is set in, it’s not sustainable. If the doors close, the only winners will be the older employees who positioned themselves for retirement and can get a severance package and unemployment to guide them into retirement.