Thread regarding Verizon Communications Inc. layoffs

Frontier stock has declined 154% y/y. Who is responsible?

The company has dropped -20.24% in past 3 months and in the last five trades has moved down -0.25%. The stock has earnings growth of -154.60% yoy and showed a low EPS growth of -26.80% over the past five years. The stock’s price moved down its 200-day moving average of $4.96. The stock is presently trading down its SMA-50 of $4.40.

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Post ID: @OP+JRxxXSA

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Frontier doesn't have VzW to smooth their earnings. So they treat wireline like a business and that business has to keep costs in line with revenue. Too many employees, not enough income.

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Post ID: @1ldk+JRxxXSA

Frontier took over VZ assets from FL, TX and CA and now laying off hundreds of peoples. About 12000 employees were moved to Frontier as part of this sale.

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Post ID: @rbr+JRxxXSA

Do they have a board here

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Post ID: @kof+JRxxXSA

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