Stock up 2.6% during day, then down a huge 4.8% after hours.
sellers calling B S on Xerox?!?
2 replies (most recent on top)
How on earth will Xerox maintain stock prices - that Carl Icahn covets - if the 3Q18 return is going to s--- the big wazoo? And even lower for 4Q18 when disgruntled employees leave in droves and systems start crashing?
Carl does not run companies to the ground. He breaks them up and sells each profitably. Maybe there is a method to his madness....but he still has to deal with the rest of us.
Glad the stock is down. The media coverage kept them from being able to do this quietly.