3 ms·
If a company gave away some portion of is assets, shouldn't its market cap go _down_ by that amount not up? That's how stocks trade ex dividend e.g.
by PessimalDecimal 1y ago
If a company gave away some portion of is assets, shouldn't its market cap go _down_ by that amount not up? That's how stocks trade ex dividend e.g.
- geerlingguy 1y agoYou assume the market is in any way rational...
- nake89 1y agoReminds me of "Markets can remain irrational longer than you can remain solvent"