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-squareEmotional_Sandwich@lemmy.worldlinkfedilinkEnglisharrow-up2·1 year agoHow is a system supposed to know if self reported information is accurate or not? The stock market fluctuates based on bad info all the time.
minus-squareieatpillowtags@lemm.eelinkfedilinkEnglisharrow-up6·1 year agoIn theory these kinds of disclosures are heavily regulated, and there are consequences for reporting incorrect info. I’m curious to see if that holds true here.
minus-squareEmotional_Sandwich@lemmy.worldlinkfedilinkEnglisharrow-up1·1 year agoGood point. I guess we’ll see where this goes.
How is a system supposed to know if self reported information is accurate or not? The stock market fluctuates based on bad info all the time.
In theory these kinds of disclosures are heavily regulated, and there are consequences for reporting incorrect info. I’m curious to see if that holds true here.
Good point. I guess we’ll see where this goes.