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> Loblaws' stock price going up implies that their profits are better, which implies that their margins are better, This is not correct. Government policy of
by lotsofpulp 2y ago
> Loblaws' stock price going up implies that their profits are better, which implies that their margins are better,
This is not correct. Government policy of continuously purchasing power of currency dictates nominal profits and stock price should go up even if profit margins do not.