2 ms·
The market cap doesn't tell you anything about the available resources a company has. For example... Gamestop's market cap did this recently - https://www.macr
by onion2k 5y ago
The market cap doesn't tell you anything about the available resources a company has.
For example... Gamestop's market cap did this recently - https://www.macrotrends.net/stocks/charts/GME/gamestop/market-cap https://www.macrotrends.net/stocks/charts/GME/gamestop/marke... - the company doesn't suddenly have more money to spend on projects.
- eloff 5y agoNot a great example since they sold over a billion worth of stock. They do actually have more money now. Microsoft generates more money than they know what to do with so they return large amounts in dividends and probably stock buybacks (I haven't checked for MSFT specifically, but it's all the rage these days.) That's essentially the opposite of what GME did.