Hsbc announced 35000 person lay-off during Nd their earnings report in January. Will wf do the same?
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Blue Horseshoe Loves Anacott Steel!
(This is called insider trading)
Nobody's getting laid off until the virus is under control. Wells doesn't need the bad PR. After that, well .....
Bad is an understatement
“Wells Fargo's profit nosedives 89% as it braces for coronavirus turmoil”
From CNN Business' Matt Egan
Looks like earnings will be bad...
Layoff announcements are typically good for a stock's performance.
Bad. Bank stocks will take a whooping. Market will feel the effects for the next month easily with all these earnings, or lack thereof, reports coming out