Square plunges 15% after losing its CFO

Posted by & filed under International Business, Management, Organizational Behavior.

Description:  Shares of fintech company Square plunged as much as 15 percent Thursday after the company lost its CFO Sarah Friar.

Source: CNBC.com – video report

Date: Oct 11, 2018

Link: https://www.cnbc.com/2018/10/11/square-plunges-15percent-after-losing-its-cfo.html

Questions for discussion:

  • Why has the value of the firm’s shares fallen?
  • What does this report say about the relationship between management and a firm’s share value?