A quick followup to my Rice Whine post a couple of days ago. Writing at PJ Media, Brian S. Jung claims Netflix, of which Susan Rice is a board member, has refused to fire her in the days following her injudicious promise to exact vengeance upon Trump followers, once he is out of office.
Jung adds that Netflix' stock price dropped over 3% in the days following that refusal. Nice if true, even nicer if it persists and gets worse. Perhaps they should have fired her.
At a minimum, the corporation must issue a clarification that Rice was speaking for herself. That her opinion does not reflect Netflix policy or beliefs.
In the absence of such statement, investors are advised to assume the obverse, That in fact Netflix agrees with her, even if they are too savvy to say it for attribution.
If a clarification is issued and as a consequence, Rice resigns from the board, Netflix' problem is solved without the ugliness of firing. If she doesn't resign, and continues to provide value to the board, the issue is resolved.
