4 ms·
> Of course investors aren't rewarding them for an upcoming VR headset which is yet to be proven. Why would they? In ~theory~ such an announcement would be pri
by ephemeral-life 3y ago
> Of course investors aren't rewarding them for an upcoming VR headset which is yet to be proven. Why would they?
In ~theory~ such an announcement would be priced into the markets since market capitalization is also dependent on future expected returns.
Maybe investors just don't think everyone will be wearing $3000 digital fisheye goggles in a few years.
- chunkyguy 3y agoApple Stock Falls In Minutes After 'Vision Pro' Announcement" https://www.barrons.com/livecoverage/apple-wwdc-2023/card/apple-stock-falls-after-vision-pro-announcement-ZWcs02SvthSXoH6xBDD8 https://www.barrons.com/livecoverage/apple-wwdc-2023/card/ap... Also Microsoft is still selling HoloLens but for selected audience.
- jesseendahl 3y agoI’ve been following Apple for a long time and the stock almost always rises ahead of announcements and falls after. Pretty sure that pattern has existed for ~20 years.
- cqqxo4zV46cp 3y agoYep. Yet time after time “stock dropped after announcement” is trotted out as some sort of indicator of consumer sentiment whenever anyone is looking to start a silly flame war, because it’s convenient to temporarily ignore that share prices are already the result of 12-dimensional speed chess.