What are some notable blunders in history that resulted in huge loss?
What are some notable blunders in history that resulted in huge loss?
Loss in terms of money or efforts. Could be recent or ancient.
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Cambium stock recently dropped to $10 after the CEO stepped down during their call. A large part of their problems are likely due to the pandemic shortages catching up.
But a high failure rate on their new line of switches, and high prices while starlink eats their lunch isn't helping.
Edit: Used to be over $50.
you may want mention the before stock price, that $10 needs something to compare with
It was around $15.
It was around 50.
It was $50 in 2021.
The CEO stepped down 4 days ago when the stock was at $15, as a consequence it lost one third of its value and is now at $10.
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