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Why do journalists always change units? Usually they report a sale by valuation but with price per share I first have to look up the company and find the number
by maxxxxx 8y ago
Why do journalists always change units? Usually they report a sale by valuation but with price per share I first have to look up the company and find the number of outstanding shares.
- alanwong 8y agoIt's journalists' job to highlight what's noteworthy, and in an acquisition it's not always the valuation of a company. In this case, the price per share is headlined to highlight the premium (55%) Tesla is paying for Maxwell Tech's shares.