Market has rejected Dan's plan. Its been a week since they announced 15K layoffs, the stock hasnt moved an inch. Could be a signal that market is anticipating further deterioration at the expense of cost reduction.
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As Aristotle once sai “You can not rehect something that doesn’t exist grasshopper”. Or was that Kung Fu? I get these two confused
Seriously, you think you can turn this sinking Verizon battleship around that quickly?
@OP no rejection. just indifference. VZ is currently valued becasue of the dividend element. It’s looked at as a simple utility provider. Though energy utilities outperform VZ as well. Wall Street waits to see outputs commiserate with the inputs/restructuring.
@a3 He's right. The stock is not moving because of these ill-conceived moves. Expect the stock price to further deteriorate. Verizon has no plan for growth.
Op might.
The market won't care until Q1 26 results.
R-i-i-i-i-i-i-i-i-g-h-t, that's it.
When you're dieting, do you step on the scales every 30 minutes?