this post was submitted on 10 Mar 2025
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Buy European

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[โ€“] givesomefucks@lemmy.world 1 points 1 month ago

their stock will go down because people donโ€™t like buying stocks in dying companies.

Stock price is whatever people are willing to buy it for

Rational investors base that on stuff like you're talking about.

A lot of Tesla investors don't value the price of Tesla stock on company performance, they just like Musk and when price drops they buy more.