RE:Yesterday's after noon surge Like someone said...BNN headlined the jobcuts without mentioning any of the financials cause that is the negative part of the results announcement .
You gotta love this eat your own country.
lb1temporary wrote: The surge at 3 PM yesterday was due to the announcement of layoff to employes in the after noon. They makes this kind of announcement to employees before news release.
It's only a mark of respect.
But layoff usually is a sing of better profits for shareholders.