4 ms·
> Price of shares usually has nothing to do with condition or more importantly future of the company. A plummeting share price makes it easy to accumulate the
by clarkmoody 11y ago
> Price of shares usually has nothing to do with condition or more importantly future of the company.
A plummeting share price makes it easy to accumulate the stock and use the voting power to orchestrate a takeover of the management. Keeping your company's market cap high enough to avoid a takeover is a real thing. Beyond that, you're right, small moves in price mean nothing for the company short term.