🔙 Throwback Thursday for 2025-03-20
This edition dives into the fallout when a CEO's words cost billions and the eventual recovery.
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(Scroll to the end…)
One headline for Thursday Throwback caught my eye.
⚛️ + 📉 Question: What happens when one CEO utters a few ill chosen words that wipes away BILLIONS in market cap of OTHER companies?
Techmeme: Major quantum computing stocks, up 300%+ in the past year, fell on January 7 after Jensen Huang said “very useful” quantum computers are likely decades away (Jeran Wittenstein/Bloomberg)
By Jeran Wittenstein / Bloomberg. View the full context on Techmeme.
⚛️ + 📈 Answer: ~10 weeks later, that one CEO might say mea culpa and invite those OTHER companies on stage and allow them to retort.
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