I have a friend getting box offer but when he sees the stock tumbles 25% today. He is worried whether he should still take the offer...
A lot of friends need blind help these days
Stock tumbles at end of each quarter and comes back up to previous levels usually. I would t worry about it
Was the offer RSU heavy? If so you could potentially ask them to rerun the calculation on the new price due to the significant fluctuation. If there aren’t any RSUs or company perf based bonuses who cares, not like they are gonna go out of business this year or next
🤐
Delay your start day :)
hell yeah! start just after a loss means big gains ahead
Lucky friend, they will get a lot more stock.
Probably best time to join
Make sure you use that to your advantage and ask for more stocks. Their stocks will go up, so it’s great timing for you. When I got my offer at Amazon their stocks went down. So, they offered me more to compensate.
How far does he think it will possibly fall? Is he ok with the offered comp in that case? If not walk away.