cat_fishing@feddit.online to No Stupid Questions@lemmy.worldEnglish · 2 days ago$1.8 trillion was wiped out from the US stock market yesterday, where did it go?message-squaremessage-square133linkfedilinkarrow-up1292arrow-down18
arrow-up1284arrow-down1message-square$1.8 trillion was wiped out from the US stock market yesterday, where did it go?cat_fishing@feddit.online to No Stupid Questions@lemmy.worldEnglish · 2 days agomessage-square133linkfedilink
minus-squaretechnocrit@lemmy.dbzer0.comlinkfedilinkarrow-up1arrow-down3·1 day ago A stock is a piece of paper supposedly representing part of a company. You still have the paper.
minus-squarebstix@feddit.dklinkfedilinkarrow-up3·22 hours agoThere’s nothing “supposedly” about it. It does represent a part of the ownership. If you own all the pieces of paper then you own the company. However much you paid for it and how much it’s worth are completely different stories, but the stock is indeed the ownership.
There’s nothing “supposedly” about it. It does represent a part of the ownership. If you own all the pieces of paper then you own the company.
However much you paid for it and how much it’s worth are completely different stories, but the stock is indeed the ownership.