Originally Posted by
TrojanCMH
This isn’t true at all. I don’t know if we are confused and arguing different things but stock price means nothing. It’s the direction it’s going and the market cap. If Spirit puts out 100 stocks and they are worth $1 and JetBlue puts out 10 stocks worth $10 then the stocks are worth the same and they go up and down from there as the company performs or underperforms. Apple stock is at $150 and google is $1000. Does that mean google is worth 7 times as much as apple in your mind?
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At no point did I argue the value of the company via stock price. Something two other posters also score points with using terrible comparisons.
Tons of things go into stock values, but it’s also a very basic indicator, imperfect as it is,in market confidence in the performance and prospects of a company.