Wells Fargo analyst Colin Langan highlighted that sales volumes rose only 3% in the second half of 2023, while prices fell 5%.
  • guacupado@lemmy.world
    3·
    3 months ago

    Yeah. If anything, Wall Street and the stock market in general are just social impressions of companies. Facebook went from 150 to 80 to 500 in a year with no real changes other than firing a bunch of people (and rehiring a lot of them back or otherwise backfilling those slots).