Stock down 10%, lawsuit filing end date is near, Q2 earnings. Is teradata selling? Layoffs? What’s the forecast?
https://www.fool.com/investing/2024/07/19/why-teradata-stock-fell-5-on-friday/
6 replies (most recent on top)
This is what happens when you have non-technical inexperienced leaders and a part-time CTO who denied Cloud for 7 years! The ship will sink fast now…
They were all warned Cloud would be the end of TD. Took longer than I thought.
Earnings is already known to be a miss. Lots of deals forecast just didn't eventuate.
"You Hear That Mr. Anderson? That Is The Sound Of Inevitability!"
How will these weasels spin this on the earnings call? Any employees concerned about career path better get out now.
Yup. 6 out of 7 planning to drop Teradata. Well done SM and crew. Try not to sink with all that silver in your pockets as you jump ship. You really should be investigated at this stage.