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Businesses do not set their share price, the market does.
by madaxe_again 2y ago
Businesses do not set their share price, the market does.
- chii 2y agothe seller does. And when the seller puts their stock on sale, it's because they believe the stock is going to go down (even more) in the future.
- rwmj 2y agoOr a bunch of other reasons: They are forced to sell to meet a margin call. They are irrationally fearful. They need to sell to afford their next yacht. They are rebalancing their portfolio.
- fullstackchris 2y agoboth buyers and sellers determine the price... thats kind of the definition of market