3 ms·
They added $80 out of a $4.5T market cap, which means redistributing ~1.67% of value from shares outstanding to the new shares. So being down 1.7% is literally
by B-Con 4mo ago
They added $80 out of a $4.5T market cap, which means redistributing ~1.67% of value from shares outstanding to the new shares.
So being down 1.7% is literally exactly what you'd expect.
- asdfaoeu 4mo agoNot at all since the company is also +80bn cash.
- dnnddidiej 4mo agoBut they are about to set it on fire? But null hypothesis p=0.3 or something right?
- JacobAsmuth 4mo agoSet it on fire? I'm confused what your model of Google leadership is. Do you think they're being duped? Or controlled in some way? What is your theory of mind for Sundar's decision making process here. That he's committing fraud? Because the obvious answer is that he has compelling financial data telling him that this $80B now will produce a positive return on investment in the future. But you of course seem to disagree.
- dnnddidiej 4mo agoNot me I have no dog in the fight, I am trying to mindread the market.
- HDThoreaun 4mo agoOnly if shareholders think google is gonna light the money on fire