Greentext

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This is a place to share greentexts and witness the confounding life of Anon. If you're new to the Greentext community, think of it as a sort of zoo with Anon as the main attraction.

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Early_To_Risa@sh.itjust.works

Anon is worried about AAA sales (sh.itjust.works)

submitted 4 hours ago by Early_To_Risa@sh.itjust.works to c/greentext@sh.itjust.works

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[–] bearboiblake@pawb.social 2 points 3 hours ago* (last edited 2 hours ago)

Layoffs actually tend to artificially deflate stock prices as it's seen as a signal of a company in financial distress - this is actually one of the reasons why industries tend to do layoffs simultaneously across multiple corporations. Of course this can be used to turn a profit through short selling but you'd need to have some sort of prior knowledge to set up the short positions prior to the layoffs being announced.