My company, Olo, announced an 11% layoff this morning. Will our stock price close higher this evening?
11
109
แน€230
resolved Jun 14
Resolved
NO

https://www.olo.com/noah-glass-message-to-employees

We opened at $7.39 this morning. Usually markets respond positively to this sort of thing, but as of right now we are down a penny. Manifold, help me in this trying time - give me a signal of what I might anticipate as far as your collective wisdom on my company's future?

I wanted to make this a numeric market but that's not an option anymore, so - I will resolve YES if the closing price for OLO on June 14 is higher than $7.39, and NO if it is $7.39 or less.

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Closed at $7.37, so down $0.02. Resolving no. But! Look for a follow up market to tell me how the longer term future will pan out.