Yesterday was an unusual day with Livongo actually going up while the markets were going down. Is this the long anticipated dead cat bounce or is this the start of climb back up? Only time will tell but one thing became very apparent yesterday the company’s CEO Glen Tullman is clueless to the situation and seems to care less that he and his team are destroying shareholder value.
As we noted Glen rather than running the company has embarked on a series of fireside chats, yesterday’s coming in New York where he said:
“Being the first IPO . . .
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