3 ms·
The OP's headline is not even wrong. Tech stock market capitalization declined by $1T. Every share of stock sold by one party was purchased by another party,
by cs702 11mo ago
The OP's headline is not even wrong.
Tech stock market capitalization declined by $1T.
Every share of stock sold by one party was purchased by another party, as always.
- thaumasiotes 11mo agoFor the market capitalization to fall, the price of shares has to fall. For the price of shares to fall, selling pressure in the market has to outweigh buying pressure. The fact that the price dropped is how we know this is a selloff and not a buyoff.