My company, Olo, announced an 11% layoff this morning. Will our stock price close higher this evening?
11
Ṁ230Ṁ792resolved Jun 14
Resolved
NO1H
6H
1D
1W
1M
ALL
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.
This question is managed and resolved by Manifold.
Market context
Get
1,000 to start trading!
🏅 Top traders
| # | Trader | Total profit |
|---|---|---|
| 1 | Ṁ45 | |
| 2 | Ṁ30 | |
| 3 | Ṁ22 | |
| 4 | Ṁ8 | |
| 5 | Ṁ3 |
