Correct, we are seeing how the merger and management is getting their hands around the two companies and are now finding ways to remove "duplication". Which is a good thing for the bottom line.
Given the job market at this time, I doubt it will take long for the employees to find new jobs.
What is more interesting to me is what the SEC is doing or "asking" to get the ticker approved?
Given that it is now February, and the stock price is flat, I'm taking this as a good sign.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.