5 ms·
It’s not 11B sloshing. It’s probably 1% of that, if that. Market cap > available shares Available shares > traded shares Traded shares > actual $ involved
by curiousllama 6y ago
It’s not 11B sloshing. It’s probably 1% of that, if that.
Market cap > available shares
Available shares > traded shares
Traded shares > actual $ involved
- supernova87a 6y agoWhat do you mean? Today's traded volume is 170M shares. The price is $80. $13-14B has to change hands to settle that.
- intpx 6y agoif i give you a dollar and you give it back to me 7 billion times, 14 billion in volume occurred with $1. some percentage of this is tomfoolery that triggers cascades in the HFT space and create a lot of volume without much sound.
- s1artibartfast 6y agoAlternatively, 1 stock could be traded back and forth 170 million times if two parties have each have $80 in capital.