Thread regarding Truist Bank layoffs

Stock

Stock price continues to su-k. Even with all the layoffs and the abandoning of profitable lines of business, no progress there.

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| 13621 views | | 5 replies (last May 31, 2024) | Reply
Post ID: @OP+1sLwDvj1

5 replies (most recent on top)

You can't layoff your way to a higher stock price.

The stock continuing to stay $hit after the insurance sale really exposes the BS EL way trying to sell us. Especially Chief BS Officer Beau.

They are slowly ki-ling the bank on purpose at this point. They will probably sell off a few more pieces then once the bank sinks enough, sell out to a bigger bank.

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Post ID: @2cpb+1sLwDvj1

If you left right after the merger you were lucky. You wouldn’t believe how bad it is now. Probably the worst run company I have ever seen.

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Post ID: @1hah+1sLwDvj1

Buy low sell high. Sounds like buying time

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Post ID: @1yda+1sLwDvj1

Yeah compared to peers it’s awful

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Post ID: @1ghm+1sLwDvj1

Seriously, it pi---s me off how badly this company is performing. I left not long after the merger knowing it was a sh*t show but not realizing how badly the stock would perform. I should have sold those few hundred shares that I had left over. SunTrust has destroyed a good bank.

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Post ID: @zel+1sLwDvj1

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