So still double what it was at the beginning of the month…
You might not feel like that looking at the graph, because:
Graphs that don’t start the y axis at 0 are shitty at conveying information
And I’ll keep complaining about them as long as people keep doing it.
Every one of these stories about DJT stock in the month of October has been missing the same subheadline. “Stock price dips to what is was at a few days ago, then quickly recovers.” Which can probably be read as “Whale cashes out, Quiltists fill in the hole.”
Graphs that don’t start the y axis at 0 are shitty at conveying information
If you know how to read a graph, then it doesn’t matter if the y-axis includes zero
These are in articles for the general public. Assuming even a general understanding of graphing is not reasonable in this case.
I think completing pre-algebra (generally taught in middle school or high school) is sufficient to understand a table.
And if you can understand a table, then you can understand a graph with a y axis break.
I appreciate your point and it’s a relevant one…
But did you really have to link another graph that doesn’t start at zero?
It’s funny if intentional, but my soul still died a little. It’s really become the norm in the last decade or two.
One screenshot was from the other day when it happened (cropped), the other is from today(uncropped). All I can tell is it’s a very volatile stock and people are gambling on it for short term gains.
I think the graphs demonstrate my point that compared to the S&P 500 (one of the most common indexes to compare a stock to the rest of the market) it is a very volatile stock both on the Max and 3 month comparisons. Now granted it was a quick Google search so volumes and fundamentals aren’t in there.
Just let it fall, stop halting it. Let the market decide!
This is what really pisses me off about the stock market. It’s all free market capitalism until it goes bad then suddenly people are concerned with the knock-on effects.
As soon as it’s clear Trump will not be returning to the White House, the value of the stock will plummet to near zero. There will be a few dead cat bounces, but it will go away for good once Harris is sworn in
Unfortunately, it’ll probably continue to exist as a way to launder foreign bribes to Trump. Even if Trump soundly loses, he’ll still be a useful propaganda mouthpiece.
Delisted based on…?
That stock will have value so long as Trump needs to launder money.
I could have sworn I just saw an article touting that Trump Media was now worth more than X though? Can someone ELI5?
