Succession plot twist: how do CEO departures affect share prices?

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Succession plot twist: how do CEO departures affect share prices?
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Succession's huge plot twist is more realistic than you'd think – the departure of a powerful CEO like Logan Roy really can cause wild share price swings

This article contains spoilers for episode 3 of"Succession" season 4. Don't read on if you don't want key plot details revealed.

"There he is. That is Dad," says his son Roman, as he measures Logan's worth to be the sizeable distance between his thumb and index finger. But there is real-life precedent for a company's share price collapsing on news of a powerful CEO's ill-health. "When you think of Tesla, what do you think would happen if Elon Musk died tomorrow? It'd be a pretty bad day for Tesla in the markets," O'Rourke said., everyone in the world of 'Succession' probably saw Waystar that way too. So it's definitely very realistic."There are downsides to a stock being so closely linked to a powerful CEO like Jobs, Musk, or Roy.

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