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this post was submitted on 14 Jul 2023
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Technology
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I was speculating that maybe they are going to drive the stock price into the ground and the magically "fix everything" to make it go back up, and make money on that...somehow. I'm not a stocks person so I don't know.
This isn't how corporations work. One, they don't have that kind of foresight. All most of them care about is the next quarter, and being more profitable than they were at the same time the previous year. Two, they're not going to purposefully tank their own stock, not for any reason. If "they" did (assuming you mean the C-suite folks who would be in charge of operations), they would be replaced by shareholders pretty quickly for not fulfilling their fiduciary duty.