3 ms·
$1000/sh seems like a more momentous headline than $330B market cap. On the other hand, It's more likely that we see the headline "$1T company" than "$3030.30/
by nonchalance 13y ago
$1000/sh seems like a more momentous headline than $330B market cap.
On the other hand, It's more likely that we see the headline "$1T company" than "$3030.30/sh"
- astrodust 13y agoThey could've hit this years ago by doing a 10:1 stock consolidation. Fetishizing over share prices is meaningless. What if they had only six shares? Market cap is what matters.
- nonchalance 13y agoBerkshire Hathaway class A is current 175821/sh :) extreme example. But my point was that, while market cap is all that matters, people still fixate on round numbers
- astrodust 13y agoThat's one way to exclude peasants from investing in your company.
- tedunangst 13y agoBRKB is only $117 though.
- temuze 13y agoBreaking news: Prominent company's stock value gets to big round number.