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A comment on Coronavirus protein treatment trial 'a breakthrough'. Parent comment

Re:Coronavirus protein treatment trial 'a breakthrough' by keymone on Monday July 20, 2020 @07:43AM (#23896823)
What do you mean? The specific price per share doesn’t mean anything. It’s just a number calculated from value of the company and number of shares.
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Re:Coronavirus protein treatment trial 'a breakthrough' by Spivak on Monday July 20, 2020 @09:25AM (#23897557)
If I get my first sale today for $1 and then tomorrow make a sale for $3 I can say my daily revenue is up 200%.

The impressiveness of growth percentages drops off when your base is small.

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Re:Coronavirus protein treatment trial 'a breakthrough' by graeme on Monday July 20, 2020 @09:53AM (#23897822)
The argument you’re looking for is that the market capitalization is small. The stock price itself is irrelevant and depends on units of stock extant.
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Re:Coronavirus protein treatment trial 'a breakthrough' by keymone on Monday July 20, 2020 @11:35AM (#23898832)
If Apple does 1:100 split and their shares will have new price of $3.89, will that somehow make Apple stock more volatile?
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