Cool! Now down 6 billion!
Not even New Coke failed that far.
Yes and when I last posted about this it was only 3 billion. Now it’s down to 6
In normal times any corp losing $6B In market price due to a bad decision would bring the wrath of god on who did it. But these are not normal rather interesting times. The DEI stockholders and mutual funds will not raise a voice. The AB leadership will promote those responsible. And the circus parade will move on.
Ford has lost more than that on EV stupidity and still plows on. I don't know how, but they're doing it.
Well the head honchos at that Company realized, almost immediately, that they had made a BIG mistake. They were getting a lot of feedback from their customer base; and, they listened.
It doesn't seem like AB is listening at all to the customer base. Doubling down on dumb.