Equifax Sacks 2 Executives, Gets Devious to Stop You from Getting a Credit Freeze.They’re terrified a mass credit freeze will crush revenues.Shares of Equifax dropped another 4% today, including after-hours, to $92.70. They’re now down 35%, or $50, from the happier era that ended at 5pm EST on September 7, with the confession that it had found out six weeks earlier that the most crucial personal data – “primarily names, Social Security numbers, birth dates, addresses and, in some instances, driver’s license numbers” So far, at 120.4 million shares outstanding as of June 30, the six trading days have cost investors $6 billion. No one cares about consumers. They’re just the product. But $6 billion matter.Now heads are rolling. Oh no, not CEO Richard Smith. He is not leaving the company to spend more time with his family. Instead, Equifax announced Friday evening that it sacked two lower level executives. I mean, not sacked. Chief information officer, David Webb, and chief security officer, Susan Mauldin, “are retiring,” it said, “effective immediately.”
Is there any hope of the stock rebounding? Would it be a good idea to buy Equifax?
Short the hell out of them. No brainer.
I'm sorry, I don't understand the first sentence.
IMHO stay away from picking stocks until you have a bit of a better understanding of the stock market.To short a stock means to borrow shares to sell in anticipation of them going down in price. Then the short seller can buy shares at the lower price to repay the shares he borrowed.
Not understanding a technical terminology in stock trading doesn't necessarily equate with not understanding the fundamentals of analyzing whether a company is currently underpriced considering its growth potential and value.
Possibly a bit late to jump on that bandwagon.
Except that short positions are a factor as well as other factors which someone who does not understand what shorting is likely won't know. Understanding the fundamentals is for long term investaments not short term trades which can remain wrongly valued for extended periods before they reach their true value.
Wonder whats more valuable to the hackers, the SS information or the insider knowledge that the stock will crash.
Anyone know the most simple way to invest a few hundred dollars for a minors account?
CDRates are great these days
Anything over 3 percent??
NoYou want simple it's the best your gonna get
Even an adult can use a robo advisor like acorn, betterment etc and those are fairly simple. Nothing like that for a minors account?
A robo adviser does not guarantee performance. It simply helps you to allocate money to various passively managed funds. The comparison to CDs is unwarranted. Need to be careful when dishing out financial advice.