▲ 581 ▼ Chipotle stock craters as company says young people without jobs can't afford their food anymore (finance.yahoo.com) submitted 10 months ago by cantankerous_cashew@lemmy.world to c/news@lemmy.world 217 comments fedilink hide all child comments
[–] frongt@lemmy.zip 23 points 10 months ago (1 child) Usually these headlines are bs, but the stock price dropping by 50%, or several years' growth? Yikes. I mean, still not really cratering but it's a big drop. Nothing they can't recover from. permalink fedilink source hideshow 2 child comments replies: [–] IMALlama@lemmy.world 0 points 10 months ago The stock market is a psychopath. If you're not actively growing you're dying, so stable/steady profits and no year over year growth = stock plumits. That's why companies that are profitable, but hit a saturation point, start to try to squeeze. Gotta make the almighty line go up. It's all very short cited, but executive incentives are nearly always short term. permalink fedilink source parent
[–] IMALlama@lemmy.world 0 points 10 months ago The stock market is a psychopath. If you're not actively growing you're dying, so stable/steady profits and no year over year growth = stock plumits. That's why companies that are profitable, but hit a saturation point, start to try to squeeze. Gotta make the almighty line go up. It's all very short cited, but executive incentives are nearly always short term. permalink fedilink source parent