Bny mellons stock is set to plummet along with the rest of the market today. Could this be the straw that breaks the camels back? Can BNY Mellon weather this storm that’s coming from the financial markets? What happens to BNY Mellon if the stock price falls to $10 or $15 a share? Can the company survive? Not to mention all of the other investments the company has? Does all of this accelerate layoffs?
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Answers:
No, it won't be a backbreaker.
They possibly can weather the storm.
At 27 or less, the company has acquire me written all over it.
It will survive either as a going concern or as mixed into the company buying them.
Hell yes, layoffs in overdrive along with accelerated automation.
Just think of the financial crisis. Yes this most likely will accelerate layoffs. If things get bad the Government will intervene.
God I hope so. I’ve been waiting a year to be released.
BNY is one big boof.
35 !
We Shall See...
Evil laugh (BHAHAHAHAAAAA!!)