Evergrande shares plunge as much as 87% as trading resumes after 17 months

Re:Evergrande shares plunge as much as 87% as trading resume... by petesergeant on Monday August 28, 2023 @03:09AM (#37290805)

I thought it was; help me understand where I'm wrong.

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Re:Evergrande shares plunge as much as 87% as trading resume... by raincole on Monday August 28, 2023 @03:22AM (#37290901)

I mean, yeah, the more optimistic the market is, the higher the price goes. But comparing % like this doesn't make any sense.

If the price rises by 120%, the market see a 120% chance of favorable outcome?

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Re:Evergrande shares plunge as much as 87% as trading resume... by quickthrower2 on Monday August 28, 2023 @03:18AM (#37290869)

The probability distribution is not binary win/lose

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