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Started By
Message
GrubHub stock nosediving
Posted on 11/11/16 at 9:11 am
Posted on 11/11/16 at 9:11 am
10
Posted on 11/11/16 at 9:12 am to HubbaBubba
Did you mean to post this on money talk?
Posted on 11/11/16 at 9:13 am to HubbaBubba
Can you imagine what the BOD and I'm sure, some very influential stockholders said to this jackass once they found out about his email? 
Posted on 11/11/16 at 9:13 am to LesMiles BFF
quote:
Did you mean to post this on money talk?
I think he's asserting that the stock price is diving because of the CEO's politically charged statements to his employees.
Posted on 11/11/16 at 9:13 am to LesMiles BFF
quote:
Did you mean to post this on money talk?
No, he didn't.
Its because of the CEO's comments about asking for resignation from Trump supporters in his company.
Posted on 11/11/16 at 9:14 am to HubbaBubba
I wonder how far it drops before the board ousts him for his dumbass email. That company is fricked with the amount of lawsuits from employees that he opened them up to
Posted on 11/11/16 at 9:15 am to HubbaBubba
Karma bitch
Posted on 11/11/16 at 9:15 am to HubbaBubba
Good I will never use that service again
Posted on 11/11/16 at 9:15 am to HubbaBubba
damn they lost 4% yesterday too. GOOD
Posted on 11/11/16 at 9:15 am to LesMiles BFF
quote:Keep up.
Did you mean to post this on money talk?
quote:
The CEO of Grubhub, an online food delivery service, sent a company wide email Wednesday suggesting employees who agree with President-elect Donald Trump’s behaviors and his campaign rhetoric should resign.
“If you do not agree with this statement then please reply to this email with your resignation because you have no place here,” wrote Matt Maloney, Co-Founder of Grubhub.
LINK
It's all over Twitter and Facebook. Dude is taking it up the arse and people are pissed.
Posted on 11/11/16 at 9:19 am to HubbaBubba
looks like i'll be buying into grubhub soon. I love these situations, just like when oil spill happen. I made a lot of money with BP and Transocean.
Posted on 11/11/16 at 9:23 am to roguetiger15
quote:
looks like i'll be buying into grubhub soon. I love these situations, just like when oil spill happen. I made a lot of money with BP and Transocean.
Just what I was thinking. I made a ton on Netflix when the stock went down 35% from outraged twitterers pissed because they raised their monthly fee by $1. 
Posted on 11/11/16 at 9:24 am to HubbaBubba
LOLOLOLOL ... this makes me laugh.
Posted on 11/11/16 at 9:28 am to HubbaBubba
We need to start being more aggressive with financial warfare like this. These bastards have a fiduciary duty to shareholders who don't give an ounce of shite about their political views, especially when it's a business that could completely fall apart if a large swath of people simply delete an app from a cell phone.
If you're the CEO of an oil company, yes, you're likely going to be politically vocal from time to time.
But if you're the CEO of frickin grub hub, dude just STFU and deliver people's food.
If you're the CEO of an oil company, yes, you're likely going to be politically vocal from time to time.
But if you're the CEO of frickin grub hub, dude just STFU and deliver people's food.
Posted on 11/11/16 at 9:30 am to HubbaBubba
Looks like the CEO is walking back his comments - LINK
The stock was trading near its 52 week high before the comments. It might be a good buy, but the CEO is lame.
The stock was trading near its 52 week high before the comments. It might be a good buy, but the CEO is lame.
Posted on 11/11/16 at 9:30 am to RedStickBR
He (CEO) sold 14,491 shares yesterday leaving himself with only $62k worth of shares remaining.
Interesting timing, no?
Interesting timing, no?
This post was edited on 11/11/16 at 9:37 am
Posted on 11/11/16 at 9:35 am to roguetiger15
The difference is that Grubhub will permanently lose a lot of customers and potential customers because of the CEO's actions. BP was not going to have a problem finding someone to purchase their products.
Posted on 11/11/16 at 9:37 am to HubbaBubba
Yeah, he's getting blasted on twitter again too.
Posted on 11/11/16 at 9:41 am to HubbaBubba
Emails have consequences.
Welcome to the free market Mr. Maloney.
Welcome to the free market Mr. Maloney.
Posted on 11/11/16 at 9:44 am to HubbaBubba
He created a hostile work environment the millisecond he hit sent. What an idiot. Shareholder lawsuits are cranking up as we speak.
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