In the long run a stock price will reflect a company's (true) intrinsic value. In the short run the pricing is basically random.
Source: The Market Right Now Doesn't Care How Fantastic Your Stocks Are December 3, 2018
In the long run a stock price will reflect a company's (true) intrinsic value. In the short run the pricing is basically random.
Source: The Market Right Now Doesn't Care How Fantastic Your Stocks Are December 3, 2018