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How is stock performance any indication of a company having too many managers.
by megablast 8mo ago
How is stock performance any indication of a company having too many managers.
- joe_mamba 8mo agoIt isn't. Stock price just measures investor confidence. Sometimes firing managers leads to more investor confidence. Most of the time it's a crapshoot but it's the best objective indicator we have for comparison.
- legulere 8mo agoIt can also be a measure of other market factors. In the case of Siemens Energy the high demand for electricity generation capacity from AI certainly plays a role.
- cm2012 8mo agoIt means their financials improved