Stock price does not need to match company value *in the short run*. But company value exerts a tug on the share price, it won't succeed in pulling the share p

Stock price does not need to match company value *in the short run*. But company value exerts a tug on the share price, it won't succeed in pulling the share price to the correct value but it will in time correct the swings. Think of walking a dog on a long leash--the dog will wander but will end up where the human goes. Or even well-behaved dogs without a leash.