The savage melt-down in the stock price of Linkedin, one of the most successful internet companies, has not only wiped out Rs. 71,000 crore ($11 Billion) of investors’ wealth in just one day, but is also a “trigger warning” that a massive crash is on the way say experts
Posts tagged Wall Street
Kiran Mazumdar Shaw Attacks Analysts & Makes Desperate Attempt To Salvage Biocon’s Stock Price
Top brass managements usually keep a stiff upper lip when confronted with negative reports of analysts about their companies. However, Kiran Mazumdar Shaw of Biocon has adopted a combative stance and is proactively trashing the negative reports as being “illogical” and based on “poor understanding” while lauding the ones that are favourable to the Company
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