One thing I learned from hanging out on investment forums is that when a company moves its headquarters to a new area (like to be near the CEO's new luxurious country house), the stock usually goes down afterward.
That's because the skilled and valuable upper-level employees don't want to move away from their homes, families, friends, etc. So they all quit, and the company is left with less-experienced replacements.
no subject
That's because the skilled and valuable upper-level employees don't want to move away from their homes, families, friends, etc. So they all quit, and the company is left with less-experienced replacements.