Slumping Into 2024? 3 Stocks to Sell Even After the Latest Layoffs

Investors know that what is bad news for the economy can often be good news for stocks. That’s usually the case when companies announce layoffs. But usually, does not mean always. And in a volatile market, it’s a good time to look at stocks to sell after layoffs.  Remember, a company will prioritize shareholder value over retaining employees. And “cutting the fat” is a way to boost earnings. However, sometimes, even a short-term boost to the bottom line isn’t enough. Some companies have a combination of acu ...