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Indeed. Since most stock are mostly held by institutional investors, prices are heavily guided by sentiment. Except when they aren’t, see GameStop and Beyond M
by cluckindan 1y ago
Indeed. Since most stock are mostly held by institutional investors, prices are heavily guided by sentiment.
Except when they aren’t, see GameStop and Beyond Meat.
- simondotau 1y agoPrices are heavily guided by sentiment. Nobody said sentiment HAS to be tied to the entity's fundamentals. GameStop stock moved due to sentiment external to the entity itself.