5 ms·
He is the CEO and made a materially false statement, while the market was open and investors who believed him bought at a high of $380 based on a promise of a b
by ewoodrich 8y ago
He is the CEO and made a materially false statement, while the market was open and investors who believed him bought at a high of $380 based on a promise of a buyout at $420, only to have it plummet days later. The odds are pretty good that it will dip further when markets open Monday.
Actions have consequences.