> If a company's project/product were failing and/or losing money, then investors would have priced the loss into the stock price long ago. Not necessarily--of

> If a company's project/product were failing and/or losing money, then investors would have priced the loss into the stock price long ago. Not necessarily--often, money-losing operations are valued by investors because of their potential to be profitable in the future. Also, the market is likely more efficient with large companies like Google, Apple et al., but short-term price movements still aren't always rational.