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Comment by megablast

9 hours ago

How is stock performance any indication of a company having too many managers.

2 comments

megablast

Reply

joe_mamba  9 hours ago

It isn't. Stock price just measures investor confidence. Sometimes firing managers leads to more investor confidence. Most of the time it's a crapshoot but it's the best objective indicator we have for comparison.

cm2012  6 hours ago

It means their financials improved

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