kingOFchester
Well-Known Member
Stock flirting with all time highs, but we are discussing concessions?
The month leading up to the previous ratification 11/1/2007 -12/19/2007 the stock topped out at $75.14 cents. During that time it even bottomed out at a little over $70.00 (November 21st 2007).
But lets go with the high at the time. $75.14. Today it closed at $84.76. That is close to a 13% increase in value from 2007 negotiations HIGH until our current negotiations. The increase percentage would be even higher if I had used the November 21st 2007 low.
Lets compare that to some other stocks.
FEDEX
11/1/2007 -12/19/2007 The stock topped out at $103.83
Today it closed at $98.48 That is a loss of over 5%
EXXON MOBLIE
11/1/2007 - 12/19/2007 The stock topped out at $90.38.
Today it closed at $89.29 That is a loss of 1%
GENERAL ELECTRIC
11/1/2007 - 12/19/2007 The stock topped out at $40.34
Today it closed at $23.37 That is a loss of over 42%
So, in closing..... UPS stock has increased in value by 13% from where it was during the 2007 negotiations. Fedex loss 5%, EXON loss 1%, and GE loss 42% during that same time period. CEO is making more now then 2007. Stock holders are getting a bigger dividend then they did during the 2007 negotiations.
Side note, the companies I used were not cherry picked.
The month leading up to the previous ratification 11/1/2007 -12/19/2007 the stock topped out at $75.14 cents. During that time it even bottomed out at a little over $70.00 (November 21st 2007).
But lets go with the high at the time. $75.14. Today it closed at $84.76. That is close to a 13% increase in value from 2007 negotiations HIGH until our current negotiations. The increase percentage would be even higher if I had used the November 21st 2007 low.
Lets compare that to some other stocks.
FEDEX
11/1/2007 -12/19/2007 The stock topped out at $103.83
Today it closed at $98.48 That is a loss of over 5%
EXXON MOBLIE
11/1/2007 - 12/19/2007 The stock topped out at $90.38.
Today it closed at $89.29 That is a loss of 1%
GENERAL ELECTRIC
11/1/2007 - 12/19/2007 The stock topped out at $40.34
Today it closed at $23.37 That is a loss of over 42%
So, in closing..... UPS stock has increased in value by 13% from where it was during the 2007 negotiations. Fedex loss 5%, EXON loss 1%, and GE loss 42% during that same time period. CEO is making more now then 2007. Stock holders are getting a bigger dividend then they did during the 2007 negotiations.
Side note, the companies I used were not cherry picked.