EinatYahav to Not The Onion@lemmy.worldEnglish · 9 months 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 · 9 months agomessage-square24fedilink
minus-squareintensely_human@lemm.eelinkfedilinkEnglisharrow-up4·9 months 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.
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.