A price drop of more than 5% is considered a crash. When there is a crash because there are no new customers then there will be more layoffs, less customers, less sales, and even more layoffs.
Stratton is snickering somewhere!
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Who cares about the stock price and results when we're woke and really diverse?
After Netflix tanked, can one really be surprised? Verizon stock will be at 30 dollars or 20 dollars a share by the end of the year and Hans will have duplicated his performance at Erickson, for the second time, to be a complete failure at playing CEO.
It looks like the Peter Principle has achieved its pinnacle at 2.0.
Billions and billions have been wasted on programs and projects that ki---d investments in core network competencies, for the euro union pie in the sky dreams of an accountant from Sweden, that will never break even.
Thousands of American employees and execs of all stripes, colors and types have been pushed, shoved and laid off in the name of 'inclusion and diversity'. FYI the 'phone company' knew more about what those words actually meant and how to live it long before the new crew was even born.
It is clear from today's call and write-ups that the street and the analysts are now wise to the company word salads and the Potemkin nature of 5G.
It looks like it is heading towards a 6% loss for the day. Get woke, go broke!