| Post Reply | RetroFed Forum Forum Index » Not The Onion |
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stermy4u
lemmy.world
stermy4u@lemmy.world Joined: 2026-06-29 |
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FiniteBanjo
feddit.online
FiniteBanjo@feddit.onlineJoined: 2025-12-23 |
Idiots like don't realize they're beholden to the whims of the shareholders, make disastrous reorganization moves which tanks the share price. Which reminds me, AMC is also havign a shareholders vote right now. I think theyre down like 98% from a peak a few years ago? |
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jqubed
lemmy.world
jqubed@lemmy.worldJoined: 2024-01-10 |
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P03 Locke
lemmy.dbzer0.com
p03locke@lemmy.dbzer0.comJoined: 2023-06-23 |
Better [Home & Finance] later faced a whistleblower lawsuit that was dropped, a Securities and Exchange Commission investigation that produced no action, and a disastrous 2023 SPAC merger. The company’s stock fell 93% after the merger, while losses continued to mount. […] Better’s annual sales dropped from $1.5 billion in 2021 to $70 million in 2023. Garg says the company is now on track fo...
That's, uhhh, quite a drop. |
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FiniteBanjo
feddit.online
FiniteBanjo@feddit.onlineJoined: 2025-12-23 |
That's, uhhh, quite a drop.
They peaked at $8 Bn during the pandemic, too |
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EpeeGnome
feddit.online
EpeeGnome@feddit.online Joined: 2025-06-05 |
Yeah... admitting you got conned into trusting the guy who took your job sounds like a fantastic strategy for getting your CEO job back. If the new guy isn't legit a good replacement, then you've proven yourself to be an easy mark. Either way, best not to reinstate you, dumbass. |
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ElChinchilla
lemmy.world
ElChinchilla@lemmy.world Joined: 2026-08-14 |
That's, uhhh, quite a drop.
Better grew into a booming refinance market and did not have a gameplan for a return to "organic" home sale volumes. Having been on some of "those" zoom calls; Vishal comes off as a coked up, egotistical clown. He gives the vibe of projecting an air of being a sommelier but instead of wine it's just him in a closet wafting farts. |
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