I realised this a while ago, and it’s frankly baffling to me that anyone can pretend it has any direct relationship to how well a company is actually performing. It literally doesn’t matter how well a company is performing, if people buy the stocks the price goes up, if they sell the stocks the price goes down. There is no other factor that matters.
The fact that people buying and selling usually correlates with a company doing well or poorly doesn’t actually mean those two things are inherently connected.
I realised this a while ago, and it’s frankly baffling to me that anyone can pretend it has any direct relationship to how well a company is actually performing. It literally doesn’t matter how well a company is performing, if people buy the stocks the price goes up, if they sell the stocks the price goes down. There is no other factor that matters.
The fact that people buying and selling usually correlates with a company doing well or poorly doesn’t actually mean those two things are inherently connected.
See also: GameStop