https://www.tipranks.com/news/wells-fargo-nysewfc-jumps-after-planned-layoffs
4 replies (most recent on top)
Not really. The market overall was hot yesterday, most banks were in the black yesterday.
Really quite simple. The stock went up due to more buyers than sellers, DUH!
You obviously have no clue. 50 people laid off out of a pool of ~250k is freaking major! Can you believe the cost savings and incredible bump to our net profits?
You don’t think the market being up 500 points and an excellent inflation report has anything to do with it? The education level on this site is seriously mind blowing