>why do people say it is good for the stock price when a company is doing well In a normal market, based on fundamentals, you can say a stock is a good price b

>why do people say it is good for the stock price when a company is doing well In a normal market, based on fundamentals, you can say a stock is a good price based on a few key factors like EPS and P/E [0] But in our current la la land of free money and infinite liquidity, things are basically worth whatever the hedge funds say they are. [0] https://www.investopedia.com/terms/p/price-earningsratio.asp https://www.investopedia.com/terms/p/price-earningsratio.asp