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Re:U.S. Stocks Rise After S&P 500’s Record Close by andreilys on Wednesday August 19, 2020 @02:08PM (#24213776)
Profitability is one part of the calculation, but there are plenty of unprofitable companies with higher stock valuations because of expected growth/investor sentiment
Re:U.S. Stocks Rise After S&P 500’s Record Close by ntsplnkv2 on Wednesday August 19, 2020 @02:27PM (#24214106)
Future profitability is still profitability. That increases demand.