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What are you talking about, during the equifax breach equifax lost 1/3rd of its value

• rorykoehler 9y ago
  Now it's back to early 2017 levels. Not exactly catastrophic.
• gruez 9y ago
  ...and then went back up after everybody realized nothing was going to happen. including last week's drop, it's sitting at 80% of its pre-breach price.
  • Retric 9y ago
    So it's down 20% not 33%? That's still a big drop and not a great recovery.
  • chimeracoder 9y ago
    > ...and then went back up after everybody realized nothing was going to happen. including last week's drop, it's sitting at 80% of its pre-breach price. A sustained 20% drop in market share for a very large, very established company that has fairly few competitors, substantial network effects, and a high barrier to entry. That's a significant drop. It didn't wipe out the company, no, but it's a far cry from saying that "the market doesn't remember" - in this case, the market very clearly did remember.