I found this to be an interesting read, thought I'd share it.
From the article:
Sometimes stocks go up on news about layoffs. Not this time. Some investors were not satisfied with Sabre’s story. After opening trading on Aug. 1 at $23, the stock price fell to $19.50. It has fallen further since, starting off Thursday trading at $17.40, the lowest in nearly three years.
https://www.thecompanydime.com/sabre-layoffs/