7 ms·
It's not just Google, it's the same for pretty much every big corp. Every time a fine or an agreement is made, their stock goes up and the execs throw a party.
by PedroBatista 7y ago
It's not just Google, it's the same for pretty much every big corp.
Every time a fine or an agreement is made, their stock goes up and the execs throw a party.
- yardie 7y agoInvestors don't like open litigations. It suppresses the stock price until an agreement is reached. And it has to be listed on filings with the potential highest losses. Google could have in their filings this is a 10B liability. And then they realize it's just 1B so naturally the stock goes up.