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A comment on Bed Bath and Beyond Files for Bankruptcy. Parent comment

Re:Bed Bath and Beyond Files for Bankruptcy by FredPret on Wednesday April 26, 2023 @04:53AM (#35711046)
The key thing to remember is “market” is simply a collective noun for “investor”.

It doesn’t have to follow any logical law. People can buy or sell at any time, for any reason, and the market price will move along with it.

[ Parent | on HN ]
Re:Bed Bath and Beyond Files for Bankruptcy by red-iron-pine on Wednesday April 26, 2023 @03:56PM (#35719111)
At this point the average individual (aka retail investor) is functionally irrelevant for big moves like the one the parent poster made.

Large firms, often leveraging complex, autonomous systems, are the ones pushing around $20MM worth of stocks and moving the markets (or keeping them from moving). Jim the SE III dropping $30k in RSUs isn't doing to do anything except alter Jim's opinion on the capital gains tax.

[ Parent | on HN ]