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A comment on Meta Is Said to Plan Thousands More Layoffs as Soon as This Week. Parent comment

Re:Meta Is Said to Plan Thousands More Layoffs as Soon as Th... by dangwhy on Tuesday March 07, 2023 @09:11AM (#35055513)
> interest rates push investors to sell their Facebook shares and buy bonds instead.

Wouldnt the stock price drop with people selling the stock. That didn't happen with meta with interest rate hikes.

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Re:Meta Is Said to Plan Thousands More Layoffs as Soon as Th... by nequo on Tuesday March 07, 2023 @09:21AM (#35055622)
You’re right, it should, unless Facebook counterbalanced the hikes with positive news during those days/weeks.
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