
Speaker Pelosi in Taiwan, Starbucks’ shares on the move, PayPal & Sofi jump, Uber surges 8/2/22
CNBC's "Fast Money"
00:00
Stocks Down More Than One % in the 3rd Quarter
Courtney Courtney: A lot of news out of robin hood, more cost cutting. He talked about stock based compensation falling by as much as seven % in the third quarter. Also talked about restructuring and something called a series of of general managers. They called them mine ceos, and said that should stream line decision making. So it seems like they're sort of changing the structure. Kate rooney: I don't have a strong feeling either way on o lake jorganson, but that was important. And again, this is a company that, at least in the covid dynamic, you it's 29 times, hardly expensive relative to itself.
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