2 ms·
Of course a CEO "manipulates" the stock with every other word. But the words, especially ones expected to greatly affect the stock price, have to be accurate. I
by chibg10 8y ago
Of course a CEO "manipulates" the stock with every other word. But the words, especially ones expected to greatly affect the stock price, have to be accurate. Investors would lose confidence in the market (and thus not invest, hurting the economy) if CEOs can do things like troll about buyouts. The SEC exists to protect against these shenanigans and is right to take action if Musk trolling is indeed the case.