Can their words and actions increase the stock performance ❓
The answer is 100% yes. The CEO’s actions and words can have a huge impact on the company’s stock performance.
- Netflix‘s stock performance, after Reed Hastings announced that a very popular Netflix series #House of cards will drop simultaneously, rose by 408%,
- Spotify‘s stock performance after they signed a deal went up by 125%.
We can also see how much certain CEOs speak on the earnings call. It is interesting that Jack Dorsey, Twitter‘ CEO only spoke 6% at the last earnings call.