5 ms·

That's crazy. The employees owners just gutted the value of their own company.

• _rpd 11y ago
  Alternatively, they are informing the market of their perceived value of the company.
  • x0x0 11y ago
    Or rationally reacting to having their net worth concentrated nearly entirely in a single security. Contrary to essentially all financial advice.
• Rotten194 11y ago
  ...and? Would the company not do the equivalent to them?
• chris_wot 11y ago
  It could well be that the employees did that after management made decisions that they feel gutted the value of the company anyway.
• njharman 11y ago
  Former "owners" after selling stock. And if people building and running company don't want to own it anymore...
• njharman 11y ago
  Former "owners" after selling stock. And if people building and running company don't want to own it anymore...