3 ms·
A 0.9% increase is noise. The whole market went up about that amount, it doesn't have anything to do with the layoff announcements, just prevailing sentiment a
by prewett 8y ago
A 0.9% increase is noise. The whole market went up about that amount, it doesn't have anything to do with the layoff announcements, just prevailing sentiment among active traders. I wish news outlets would stop mentioning stock price movements unless they are at least 2% and definitely not trying to assign a reason until at least 3%. (To be fair, the article simply mentions it as a non-sequitur).
- opportune 8y agoDepends on the stock too. For example P&G barely moves at all w.r.t noise whereas AMD and Micron frequently move 5% due to noise
- mateo411 8y agoUtility stocks tend to have low volatility and they pay higher dividends.
- opportune 8y agoI know I was just saying that the rules my parent comment proposed were too cut-and-dry, there is more context than just the percentage movement of an arbitrary stock required to determine if something is noise
- ct520 8y agoAmd is a trip to watch daily. Definitely aggressively goes up or down more than others (intel)
- deleted 8y ago[deleted]