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It may rebound the price, but it doesn't mean it will big. The money will likely be used for helping out with cash flow and surviving the next months, until the
by hikingsimulator 4y ago
It may rebound the price, but it doesn't mean it will big. The money will likely be used for helping out with cash flow and surviving the next months, until the bank is out of the red zone.
A stock price is representative of the value of expected future earnings. $30 may just already price in those. Since the stock didn't go to zero, it means agents on the market still expect the company to survive and operate at a profit in the future.