The company announced a massive layoff, spooking investors.
*Stock prices used were the afternoon prices of May 12, 2026. The video was published on May 14, 2026.
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About the Author
A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.
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