this post was submitted on 26 Sep 2024
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“Tanked”
Checks graph
19% is a hit but I wouldn’t call it tanked.
Some stocks are just volatile. Here is the full history:
A drop this severe is tanking. Even with a stock history like the one from Ubisoft.
Whenever I see social media say something dropped/jumped, I do the same thing as you - I visit the portfolio and take a birds eye view.
I still think about the one time redditors celebrated a company's stock dropping by 90% over the last day.
But what the picture left out was how the company was climbing by 1000% in a week before dropping.
did ubisoft make face masks or something wtf happened in 2020
WTF you think happened in 2020? No one could leave their house, so video game went gang busters.
I worked at a video game retailer then, and it was the busiest we've ever been.
I think people were just bored out of their minds