2 ms·
Company's welfare is somewhat connected to their stock price, but it's a really weak relation. The stock market is mostly a gambling simulator that runs beside
by munk-a 7y ago
Company's welfare is somewhat connected to their stock price, but it's a really weak relation. The stock market is mostly a gambling simulator that runs beside the economy as it's own little micro-economy - this doesn't make it worthless but it does make this sort of a statement ring really hollow.
- taiwanboy 7y agoThese days companies are VERY tied to quarterly EPS guidance and stock prices. Layoffs and adjustments closely follows that as well.
- whateveracct 7y agoIt's like fantasy basketball vs real basketball
- jacquesm 7y agoThe connection with the real world is made whenever a company floats some of their stock.