“Volkswagen stock jumps following extensive corporate downscaling strategy” – this is what managed decline looks like

Well, the German government was warned, but clearly refused to heed this, with VW now confirming a further 50,000 of job losses. Unsurprisingly, the immediate reaction of stock markets was to mark up the share price by +5% albeit that still leaves them down -19% in just the last 12 months, against the DAX index […]