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Can we just stop writing nonsense like this? > Shares of Microsoft were down about 0.4% following the news So the MSFT share price changed well within the nor
by cletus 5y ago
Can we just stop writing nonsense like this?
> Shares of Microsoft were down about 0.4% following the news
So the MSFT share price changed well within the norms of daily volatility. It doesn't mean anything.
- jhayward 5y agoTo the contrary, it means there was not much material impact on the stock value. It answers the question: "What effect was there on the stock?"
- jedberg 5y agoNot really. If you look at the chart, there was a huge spike in trading the moment the news broke, which then dropped it .4% instantly. That's not normal. FWIW the stock is now back at what it was before the news broke.
- cletus 5y agoBut they didn't mention the volume. That might've been noteworthy, no?
- bidirectional 5y agoI wonder if this is meant to show a lack of impact on Microsoft's share price? Because I can't imagine any reporter at CNBC thinking that a drop to levels last seen on Friday lunchtime is notable.
- Traster 5y agoI think it’s more likely just something in the style guide that all articles on events impacting public companies note the impact on share price. It’s not a comment on whether it’s news in one direction or the other , it’s just their standard.
- tylersmith 5y agoThat's information people want to know after reading a story like this from an outlet like CNBC.