4 ms·
Never. This wasn't such a sell-off either. What actually happened is that market cap declined by that amount, where market cap of course is just latest share p
by chmod775 11mo ago
Never. This wasn't such a sell-off either.
What actually happened is that market cap declined by that amount, where market cap of course is just latest share price multiplied by shares outstanding.
Nobody should be surprised or care that this number fluctuates, which is why certain people try really hard to make it seem more interesting than it really is. Otherwise they'd be out of a job.
There is really nothing dumber than finance news.
- expedition32 11mo agoThe casino is rigged anyway. While people are standing outside food banks under god emperor Trump the billionaires are making more money than ever. We will never see another 1929 crash in which rich people had to sell off their cars.
- mensetmanusman 11mo agohttps://link.springer.com/article/10.1007/s11266-018-0039-2 https://link.springer.com/article/10.1007/s11266-018-0039-2 Do you have this data out to 2025?
- ben_w 11mo agoWhy is food bank use in Vancouver, Canada relevant to a complaint about Trump? Sure, Trump wants to add Canada to his kingdom, but unless something wild happened while I was out shopping, still a different country.
- spwa4 11mo agoAlso known as mark-to-market. Especially with the cyclical deals with stock at fictional (ie. never sold at that price) valuations, that are now all the rage. Reminds me of Enron, really.