ForgottenFlux@lemmy.world to Technology@lemmy.worldEnglish · 8 months agoTesla to lay off everyone working on Superchargers, new vehiclesarstechnica.comexternal-linkmessage-square317fedilinkarrow-up1851arrow-down113
arrow-up1838arrow-down1external-linkTesla to lay off everyone working on Superchargers, new vehiclesarstechnica.comForgottenFlux@lemmy.world to Technology@lemmy.worldEnglish · 8 months agomessage-square317fedilink
minus-squarekent_eh@lemmy.calinkfedilinkEnglisharrow-up9arrow-down1·8 months ago Investors love job losses Once again confirming how sociopathic the stock market can be.
minus-squareRagnarok314159@sopuli.xyzlinkfedilinkEnglisharrow-up2·8 months agoIt’s because of the massive short term gains. I made several thousand dollars in the stock market by buying stocks that announce layoffs. They almost always jump after the announcement unless it has to do with other circumstances like bankruptcy.
Once again confirming how sociopathic the stock market can be.
It’s because of the massive short term gains.
I made several thousand dollars in the stock market by buying stocks that announce layoffs. They almost always jump after the announcement unless it has to do with other circumstances like bankruptcy.