Re:The Battle of GameStop
by tasuki on Tuesday January 26, 2021 @07:06AM
(#25914860)
How much a single share costs really isn't interesting or important.
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Re:The Battle of GameStop
by phil_e_delphian on Tuesday January 26, 2021 @08:14PM
(#25923060)
Tell that to the investors holding >$200 GME shares right now
I don't think you understand the point I was trying to make. The point wasn't that share price is completely meaningless, the point was that it's meaningless without more information.
A share of AAPL now costs $139, a share of GOOG costs $1860. How would you compare the two companies based on that? How does the price of a single share relate to whether or not the company has positive or negative earnings?