Yes, because the company announced great earnings.
So then, why all the stores closing and layoffs?
Oh right, companies LIE!
It never crosses anyone's mind that they fudge numbers and outright lie. Amazing, the gullibility and naivete of most people.
I also hope the investigations will show insider activity and show what was really done for the stocks to take such a hit at the perfect time, starts to smell a lot more like an inside job for sure. After all, hedge funds are known to manipulate their stocks and make money for themselves.
Stocks are up, earnings beat the analyst's predictions but this week they are pulling multiple delivery vehicles to save money....... The morons that are running (ruining) this company need to be held accountable. That's all we hear from the DM is how we are accountable but who is holding these idiot's that are screwing up this company accountable? Hopefully all these lawsuits for insider trading will do the job. Right now it's a culture of cutting. Cutting resources, cutting hours, cutting positions, cutting inventory. Where will it end?
You wouldn't know this working at advance, they continue to cut hours, and out source management tasks to "Spark"
Sell more parts? Surely you jest. You mean snickers and a coke, right? Part availability has to be the worst it's ever been.
Stocks are up again! Yay How about giving us more help in the stores so we can sell more parts!