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You're not the sort of investor that public companies are generally interested in pleasing. They're mainly concerned with institutional investors and fund manag
by sithadmin 4y ago
You're not the sort of investor that public companies are generally interested in pleasing. They're mainly concerned with institutional investors and fund managers, not retail investors.
- plorkyeran 4y agoUnity's stock dropped another 20% in response to the announcement and it prompted yet another shareholder lawsuit, so I wouldn't expect those people to be happy either.
- sithadmin 4y agoOne-day valuation changes like that on an already-somewhat-volatile-and-downtrending stock isn't necessarily an indicator of meaningful long-term impact, and nearly any major action a public company takes triggers shareholder lawsuit trolling.
- HFguy 4y agoI think a lot of institutional investors may question this also. It isn't a great look. Did the stock not fall yesterday while the market was flat?