To: Sir Napsalot
the company did not lose the money, the stockholders took the loss (if they panic and sell)
5 posted on
05/01/2016 4:51:09 AM PDT by
bert
((K.E.; N.P.; GOPc;+12, 73, ....)
To: bert
Yes, I know, but the suits still would take notice (the ceo of the company I worked for was sensitive of the stock price ups-and-downs).
It will affect their bottom lines and operating cost.
7 posted on
05/01/2016 4:57:02 AM PDT by
Sir Napsalot
(Pravda + Useful Idiots = CCCP; JournOList + Useful Idiots = DopeyChangey!)
To: bert
One of the most important functions of a free market is that it sends signals. The marketplace has signaled Target management that it lacks confidence in its management.
To: bert
IIRC, stockholders can sue (or even dissolve) the board for malpractice.
28 posted on
05/01/2016 5:46:36 AM PDT by
ctdonath2
("Get the he11 out of my way!" - John Galt)
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