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It seems that most people on Poal, and everywhere else really, don't understand how stocks work. A company is not affected financially by the price of their stocks any more than you are affected by the price Fannie Mae charges another servicer for your mortgage note. Stock prices are just the price traders are paying for "notes." The business in question only gets the money from the initial offering. Everything after that is just between traders. Apple stock could become worth $1 tomorrow and it costs Apple nothing unless Apple owns shares in Apple.
That's true, but downward movement on a stock can represent the faith in a particular company's worth. There's some value in saying that the stock price has fallen.
The article and title seem accurate, however - these companies have lost market value. They're usually seen as some of the stodgy stocks that never really do much, so the massive losses in value says there's something going on that the market doesn't like.
fight with your dollars every day. Don't give money to people who hate you, support those who support you in every way you can and remember that your financial security and independence is your own freedom and independence.
Get woke...
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