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Stonks. Sometimes the market will value the parts higher than the sum of the parts. It sounds a bit concocted but happens often in practice.
by jpttsn 6y ago
Stonks. Sometimes the market will value the parts higher than the sum of the parts. It sounds a bit concocted but happens often in practice.
- theonemind 6y agoWell, maybe the parts are worth more than the sum of the parts. I remember AOL and Time Warner merged, then dropped the entire value of AOL. (Though you could argue the market was still just irrationally overvaluing them as parts and adjusted down when they merged.)