eBays share price rises on news of job cuts

Just noticed this.

 

http://www.insidermonkey.com/blog/ebay-inc-ebay-considering-job-cuts-as-paypal-spinoff-gain-momentum...

 

eBay's share prices seems to have risen on news of Job Cuts prelude to split with Paypal

 

share.jpg

Message 1 of 2
See Most Recent
1 REPLY 1

eBays share price rises on news of job cuts

I have no idea why it is so, but apparently this does happen to any company with shares - when they reduce their employment numbers their share price goes up.

 

 


********************************************************************************
My body is an old warehouse full of declining storage, my mind is a dusty old reference library, strictly for members and archaeologists only
Message 2 of 2
See Most Recent