sanitation@lemmy.radio to Technology@lemmy.worldEnglish · 1 day agoGameStop stock sinks after surprise $56B eBay takeover bid, CEO Ryan Cohen's combative CNBC interviewwww.cnbc.comexternal-linkmessage-square54linkfedilinkarrow-up1169arrow-down18
arrow-up1161arrow-down1external-linkGameStop stock sinks after surprise $56B eBay takeover bid, CEO Ryan Cohen's combative CNBC interviewwww.cnbc.comsanitation@lemmy.radio to Technology@lemmy.worldEnglish · 1 day agomessage-square54linkfedilink
minus-squareParlimentOfDoom@piefed.ziplinkfedilinkEnglisharrow-up5arrow-down2·1 day agoAn 11% drop is not small. It recovering the next day doesn’t mean the drop didn’t happen.
minus-squareCorkyskog@sh.itjust.workslinkfedilinkEnglisharrow-up2·12 hours agoBut half of the drop was just from the gains from the announcement, seems like a non event for anyone but day traders.
minus-squareagamemnonymous@sh.itjust.workslinkfedilinkEnglisharrow-up1arrow-down3·7 hours agoGive it another 84 years, you’ll learn.
minus-squareParlimentOfDoom@piefed.ziplinkfedilinkEnglisharrow-up1·7 hours agoEven in 84 years, that deep will still have happened.
minus-squareagamemnonymous@sh.itjust.workslinkfedilinkEnglisharrow-up1arrow-down2·5 hours agoBut you won’t think an 11% swing is particularly notable.
An 11% drop is not small.
It recovering the next day doesn’t mean the drop didn’t happen.
But half of the drop was just from the gains from the announcement, seems like a non event for anyone but day traders.
Give it another 84 years, you’ll learn.
Even in 84 years, that deep will still have happened.
But you won’t think an 11% swing is particularly notable.