• emergencyfood@sh.itjust.works
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    14 days ago

    Still the stock has tanked a net 4,6% driven by this news.

    My understanding is that a stock price will fall if people think that people think that it is in trouble, even if it is not in trouble.

    • Riddick3001@lemmy.world
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      14 days ago

      My understanding is that a stock price will fall if people think that people think that it is in trouble, even if it is not in trouble.

      Yeah, exactly. Sentiment ( ~trust & prognosis) plays an important role in demand too, and thus in the stockprice.