Quote:
Originally Posted by Martinjlm
All that plus offering buyout separation to up to 18,000 salaried employees. Buy stock now. Wall Street loves strong quarterly earnings and Wall Street loves staff reductions. Getting both on the same day is bound to lift the share price.
https://www.freep.com/story/money/ca...rs/1831530002/
Guess I retired too soon. If I’d known this was coming I could have stayed in an extra year and a half and gotten incentive money to do what I was already gonna do. |
Ah, but you're forgetting something: GM is an automaker. Wall Street seemingly hates automakers. Exception is Tesla, but they're treated like a tech company because they trade on assumed potential not actual results.