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If the last few years should have thought us anything it's that stock prices don't matter. The only time they become material to the business is if they urgentl
by Tarq0n 6y ago
If the last few years should have thought us anything it's that stock prices don't matter. The only time they become material to the business is if they urgently needs to raise capital, and are for some reason unable to access capital markets (unlikely in the current era of quantitative easing).
They are on the other hand a very easy indicator of sentiment around the business and therefore attract way more attention than they deserve.