Indeed. Since most stock are mostly held by institutional investors, prices are heavily guided by sentiment.
Except when they aren’t, see GameStop and Beyond Meat.
Indeed. Since most stock are mostly held by institutional investors, prices are heavily guided by sentiment.
Except when they aren’t, see GameStop and Beyond Meat.
Prices are heavily guided by sentiment. Nobody said sentiment HAS to be tied to the entity's fundamentals. GameStop stock moved due to sentiment external to the entity itself.