Toby you are 10000000% correct. Who is the activist or private equity?
Are they waiting until after Baba mess is over? Makes no sense
They can dump Mayer, shred the company and make billions.
She defines terrible CEO. Zero leadership. Out of touch with the financials. No previous role even close to CEO. This has all the ingredients of a total collapse.
Because this CEO has successfully managed to decrease revenues and profit. That is why. Wall St has ZERO faith and confidence in MM as CEO. New CEO, and this trades at $75
Nice buy. I am talking about the financials, your $14.50 will look much better when this is a $65, where it should be.
Don't blame MM? Are you serious? Read the letter and then tell me no to blame her. This PPS is directly on her and Baba just hurts its a little more.
She is doing a terrible job. Numbers don't lie.
Get this thing moving up
When her time is up, and you look back at her time in charge, the book will read really really really ugly.
One can hope. Liquidate this scrap heap