What takes a company to go down ?
I'm seeing Uber's share drop to 15$, decreasing by 65%. I felt like that company would go under if there was another big slump in their stock. I read on yahoo finance that Boeing should tread lightly and they may or may not survive corona. 1) what takes a company to go down ? 2) is there a way we could predict layoffs just by looking at the stocks ?
I’m wondering the same about Uber and Lyft. Uber was operating on 8.5Bn in losses in 2019. Not sure how they’d stay in biz (perhaps big loans or some investors bailing them out) but I can’t see govt bailing out Uber
I cannot believe Uber been financially so weak and paying a lot of money to their staff.
You bet. But I don't have enough savings to put my money on stocks for now (thankfully). Am just analysing and trying to understand the pattern
I think food delivery startups must be doing great
Liquidity usually, solvency in some cases
They borrow a lot of money instead of keeping reserve cash on hand. If borrowing gets tough (because their collateral, their stock, has lost too much value), they can’t pay their bills and are forced to file bankruptcy.
Makes sense. Thank you
Add wayfair to the list. In 20s now.
Damn
Boeing will be bailed out. It's too big to fail.
Yeah but doesn't mean that stocks will not tank more
@yippppe, exactly! The tech will not be disassembled and sold, but the shareholders will be easily wiped out.