4 ms·
He "stepped down" from the CEO role to a position of executive chairman. Which basically means he retains decision making power but doesn't have to actually sho
by MisterBastahrd 5y ago
He "stepped down" from the CEO role to a position of executive chairman. Which basically means he retains decision making power but doesn't have to actually show up to the office every day. It would definitely tank the stock price.
- seba_dos1 5y agoAlso, the assumption that markets react rationally and that the price wouldn't tank in such case if he actually didn't work there anymore is a pretty bold assumption to make.