EinatYahav to Not The Onion@lemmy.worldEnglish · 1 year agoLyft CEO says ‘My bad’ after earnings typo sends stock up 60%www.theguardian.comexternal-linkmessage-square24fedilinkarrow-up1343arrow-down12
arrow-up1341arrow-down1external-linkLyft CEO says ‘My bad’ after earnings typo sends stock up 60%www.theguardian.comEinatYahav to Not The Onion@lemmy.worldEnglish · 1 year agomessage-square24fedilink
minus-squareNeato@ttrpg.networklinkfedilinkEnglisharrow-up35arrow-down3·1 year agoHe should have to pay a fine equal to twice what he would have earned from the stock increasing. Even if the stock plummets. Don’t fuck up your financial statements, dude.
minus-squarepearsaltchocolatebar@discuss.onlinelinkfedilinkEnglisharrow-up13·1 year agoFor the first offense. Each subsequent offense should have the percentage double.
minus-squareintensely_human@lemm.eelinkfedilinkEnglisharrow-up4·1 year agoThis could correct itself. Now the company’s financial reports are unreliable, and the uncertainty alone should drop the value of their stock. Risk has a negative monetary value, and these financial reports are now a source of risk.
minus-squareKecessa@sh.itjust.workslinkfedilinkEnglisharrow-up13arrow-down2·edit-21 year agoHe hasn’t earned anything unless he sold while it’s up and that would be public information.
He should have to pay a fine equal to twice what he would have earned from the stock increasing. Even if the stock plummets.
Don’t fuck up your financial statements, dude.
For the first offense. Each subsequent offense should have the percentage double.
This could correct itself. Now the company’s financial reports are unreliable, and the uncertainty alone should drop the value of their stock. Risk has a negative monetary value, and these financial reports are now a source of risk.
He hasn’t earned anything unless he sold while it’s up and that would be public information.