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Not massively useful, but interested me enough to look it up: $6.3B is more than the market cap of 40 companies in the FTSE 100
by corin_ 12y ago
Not massively useful, but interested me enough to look it up: $6.3B is more than the market cap of 40 companies in the FTSE 100
- arethuza 12y agoI suspect you may have forgotten to do the USD to GBP conversion - I make it ~12 companies :-) http://en.wikipedia.org/wiki/FTSE_100_Index http://en.wikipedia.org/wiki/FTSE_100_Index
- tomkarlo 12y agoYeah, but a 12% decline in the stock price of a company worth ~$6bn probably wouldn't rate an NYT story unless there was some additional element to the story (like fraud or scandal.) Look at the ~10 companies on the NASDAQ between ~6bn and ~6.5bn -- I've only ever even heard of one (Flextronics), much less seen NYT articles about them. (Use Google stock screener, I can't seem to generate a link to the screen.)
- jim-greer 12y agoIf it were a $6bn company that didn't exist a few years ago it's quite likely that it would be covered...