Friday was another very bad for Diebold (DBD), poor dears, though arguably a very good day in kind for those who love America and democracy and stuff.
Their stock price plunged another full 6.13% to close at $26.81 — another low for the once-great, now-disgraced company. Their value hasn’t been this low since April of 2001, just after George W. Bush was inaugurated. Go figure.
Worth of the Diebold company has now plummeted a whopping 47.43% since August 7th of last year, when a number of Diebold insiders all cashed in a bunch of stock on the same day at $53.04, near the year’s high.
We imagine Sunday’s New York Times Magazine cover story ain’t gonna help ’em much either on Monday.
Previous coverage of Diebold’s most recent dumpster dive, reasons for the bad company karma, details on recent fraud lawsuits, and current SEC and DoJ investigations of ’em, can be found here and here.
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