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by vips7L
149 days ago
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Jesus Christ it’s not a logical fallacy. Ubisoft does have a problem. They’ve lost 95% of their value. Outside of that I was merely commenting about my surprisal that a house hold name like Ubisoft was doing so poorly. Stop taking things in such absolutes. |
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You specifically made a direct comparison between your employer's and Ubisoft's absolute stock prices. That's what people are calling out, and for good reason. It is fundamentally not possible to compare stock price directly like that. Literally meaningless.
Stock prices as lone numbers are completely arbitrary. If a company feels that the price per unit is too high or too low they can even do merges and splits, ie multiplying the number of shares by an arbitrary value of their choosing.