Credit Suisse analyst Michael Binetti downgrades VF (NYSE:VFC) from Outperform to Neutral.
Meta Investor Wants Metaverse Spending Slashed, Along With Employee Jobs
Altimeter Capital Chair and CEO Brad Gerstner penned an open letter to Meta Platforms Inc (NASDAQ: META) and CEO Mark Zuckerberg that it had excess employees and moved too slowly to retain the confidence of investors.