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The media seems to conflate the market value of a company's shares with the size of the business on the way up and the expenditures of the business on the way d
by daveaiello 5y ago
The media seems to conflate the market value of a company's shares with the size of the business on the way up and the expenditures of the business on the way down.
A public company's market value is simply its current share price times the number of outstanding shares, see https://www.investopedia.com/terms/m/marketvalue.asp https://www.investopedia.com/terms/m/marketvalue.asp.
- lotsofpulp 5y agoOr people in the business of selling clicks (or ads, offline and online) intentionally choose to use various metrics in the wrong ways. Using fluctuations in market cap is a tried and true method of churning out nonsense “content”. I assume there are simple algorithms that basically write the whole article based on the market cap change in last day, week, month, year, whatever the article’s publisher wants.