• Buddahriffic@lemmy.world
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    16 hours ago

    Maybe it’s from people suddenly realizing how many clients they have but not realizing that was already priced in and reflected in earnings because those clients didn’t all show up by surprise this quarter.

    Or maybe the downage revealed some new clients that hadn’t been priced in.

    Though when a tiny portion of the population owns such a large share of the wealth, stock prices are going to do pretty much whatever they want them to do.