[01100011]

> I am surprised at the number of people who think that stock prices going down is due to financial health of companies

The financial health of many companies is significantly affected by virus mitigation strategies. Companies that were healthy in January may be on the brink of insolvency in June. The market is pricing that in to some extent.

[tathougies]

Yes, this is due to the virus, not the previous financial health of the companies. YOu have companies in danger of folding because creditors may be hesitant to give fixed-term loans to a company for which no one can determine a business resumption date. That does not reflect on the pre-virus financial health of the companies. Any company would find trouble with liquidity when its business model has been suspended suddenly and indefinitely.