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Apple had an eventful day yesterday (dropped by 10%). Despite that, the amount of shares traded (this includes day trades) was only ~90M, on a total shares outs
by sobani 8y ago
Apple had an eventful day yesterday (dropped by 10%). Despite that, the amount of shares traded (this includes day trades) was only ~90M, on a total shares outstanding of 5000M, so less than 2%.
From these figures I find it hard to imagine being able to sell 50% of all shares within two weeks on top of all the normal trades that will also keep occurring in that time.
I will give you that the major stocks have more liquidity and can take a bigger selloff % wise than even Bitcoin or Ethereum.
- Dylan16807 8y agoPrice movement and number of shares traded are not very correlated. 2% of shares changing hands might come with a 10% price swing, or it might come with a 0% price swing. When a stock leaves the S&P 500 you can have people selling off a double digit percent of ownership, but once the process is over prices tend to be quite close to where they started. And that's despite the implication that it's a bad stock. If someone has a plausible reason to buy or sell a huge amount of stock, that isn't related to the company itself, counterparties will show up. If you offer a stock at a 10% discount for purely personal reasons, there will be many many buyers. And as billmalarky said, in a merger you can have all the shares changing hands with only a small price shift.