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Microsoft stock is up more than 4% today after this news. It's almost foolish to claim anything is priced in because the stock market is a Keynesian contest. Cl
by AznHisoka 7y ago
Microsoft stock is up more than 4% today after this news. It's almost foolish to claim anything is priced in because the stock market is a Keynesian contest. Claiming it's priced in means you know how every other portfolio and hedge fund manager is going to react to news. Some might be slow to react, some might overreact, etc. Nobody can read minds. Thus it's almost impossible to claim anything is priced in.