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How about because that 8% drop in stock price just collectively cost his thousands of employees a significant chunk of money? Larry may not care about the stoc
by redthrowaway 16y ago
How about because that 8% drop in stock price just collectively cost his thousands of employees a significant chunk of money? Larry may not care about the stock prices, but the people who work for him, for whom stock options are a major incentive, certainly do.
- joezydeco 16y agoHopefully those people are also in it for the long term and know that an 8% drop will mean nothing if the earnings and profit grow year-to-year.