Didnt Tesla also lose like a huge amount of value this year?
Data is Beautiful
Be respectful
Yeah, but the data in the chart above is over the last 5 years.
It would be interesting to see the same chart for the last year.
Actually a pretty interesting chart given each of those companies is its own unique story.
Surprised Evergrande isn't on there but it did just die so maybe 100% market cap drop would throw off the data.
I'm always wondering how chinese companies can be doing so bad in the stock market when they are basically producing everything
The stock market doesn't reflect how well companies are doing; it reflects a combination off how well speculators think they're doing now vs their previous hopes&dreams and how much better they're going to do next year.
I know rite-aid is bankrupt and going thru a process of closing all pharmacies state by state but did Walgreens get hit from the same opiate court ruling that destroyed rite-aid?
The Walgreens fine was $350 million, which likely wouldn’t have affected them too badly if they weren’t already struggling. CVS’s agreement was $4.9 billion.
Walgreens has been failing for a few years now because they over-expanded and a lot of their stores weren’t profitable. They have been closing stores and threatening to close stores since the COVID lockdowns.
Surprised about samsung :/