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by j00lz 4246 days ago
Also worth noting that IBM stock price increased by $2Billion after defeating Kasparov. So they have had everything to gain by beating him at whatever cost.
1 comments

Stock prices going up have nothing to do with the incentives of companies and everything to do with the availability of information.

It'd be like a gumball machine trying to make itself more valuable. Just sell more gumballs at a hirer price.

The incentive of public companies is everything to do with stockprice, as it is the primary metric to rate the performance of a company? What does information availability have anything to do with the value of a company?