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Why did't they do this on Friday evening? That would have given enough time for people to fully understand what this means. Instead, there is going to be a bi
by mx12 15y ago
Why did't they do this on Friday evening? That would have given enough time for people to fully understand what this means. Instead, there is going to be a big sell off tomorrow morning. I understand there would be a sell off tomorrow, but maybe not as big. The stock has dropped nearly 20 points in after hours.
http://www.nasdaq.com/quotes/after-hours.aspx http://www.nasdaq.com/quotes/after-hours.aspx
- orangecat 15y agoWhich is 5%, not a huge amount especially compared to the recent market volatility. This is sort of a test of the efficient market hypothesis: everyone with any knowledge of the situation would have been expecting Jobs to step down sometime in the next few years, so it should be mostly priced into the stock already.
- r00fus 15y agoThis is a good time to buy.