Isn't this the sort of thing that happens in depressions?
Bed Bath & Beyond CFO, 52, is identified as man who jumped to his death from 18th floor of NYC's 'Jenga' tower - two days after firm announced plans to lay off 20% of staff and close 150 stores
4 September 2022
https://www.dailymail.co.uk/news/article-11178041/Bed-Bath-exec-52-identified-man-jumped-death-18th-floor-NYC-tower.html
The man who jumped to his death from the 18th floor of the famous 'Jenga' tower in lower Manhattan's Tribeca neighborhood Friday has been identified as a Bed Bath & Beyond executive.
Gustavo Arnal, 52, was the Chief Financial Officer of Bed Bath & Beyond, a company that has been going through struggles of late due to high inflation and a sagging economy. The company announced plans to close 150 stores, of its roughly 900, and lay off 20 percent of staff just two days before Arnal's death.
He reportedly sold over 42,000 shares in the company, oft-identified as a 'meme stock', for $1million just over two weeks ago, according to MarketBeat.com.
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What Are Meme Stocks?
https://www.nerdwallet.com/article/investing/meme-stocks
