Re:Tesla drops 7% after Goldman Sachs says the stock is wort...
by tanderson92 on Wednesday July 05, 2017 @09:09PM
(#14707455)
> What is it with this "already priced in" bullshit? It should be obvious by now that stock prices are not based on pure, rational calculations of value. This is why one single news article, like this one, can drop the value of the stock by 7%.
Perhaps some market participants value the price targets of Goldman Sachs, and this new information triggered a price readjustment to the extent that these participants traded the stock today?
Perhaps some market participants value the price targets of Goldman Sachs, and this new information triggered a price readjustment to the extent that these participants traded the stock today?