Reddit shares plunge almost 25% in two days, finish the week below first day close - eviltoast
  • Guntrigger@feddit.ch
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    7 months ago

    Share prices don’t only fall if the company liquidated stock. They will also fall from something like a mass sell-off because lower and lower prices will be commanded to sell large volumes of stock.

    You know, like the one in the article that talks about the 25% drop in share value.

    • Cethin@lemmy.zip
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      7 months ago

      Yeah, I mentioned selling dropping the price, but the price doesn’t effect the company except for the stocks the company itself sells. Having an extremely high or low stock value doesn’t matter if the company isn’t selling stocks. It’s only an indication that the company is doing well or poorly.