this post was submitted on 29 Jan 2024
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Could it be...greed?
Americans corporations, greedy? No, surely you jest.
"Helping their stock prices so there is no reason to stop ".
No reason to stop... :)
If you are the kind of person that thinks collecting money is the reason we exists here, I guess it's hard to see a reason to stop. Lols.
Q1 profits. It happens to some extent every year between Thanksgiving and early February. It helps the books for Q1. 1rst earnings calls of the year mean more than they should.
And when everyone is doing it it’s much easier to do..
Rinse & repeat
You don't say