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I'm not interested in the immediate value, though I see how my comment could be interpreted that way. The market value of a company is a measurement of its futu
by Schiendelman 6y ago
I'm not interested in the immediate value, though I see how my comment could be interpreted that way. The market value of a company is a measurement of its future value; most investors aren't short term, so this is inherent to the market. When you see price changes after an earnings call, institutional investors are reacting to new data on a trend line, not simply the point itself.