> The company can do stock buybacks, increasing the price.
It's not obvious that these should be true.
There are more or less shares around, so we have a change in supply, but the company also has more or less money, which should counteract that.
Likely to vary depending on whether or not people believe the company can usefully spend and grow that money.
(Not sure what the actual evidence says on this.)
> The company can do stock buybacks, increasing the price.
It's not obvious that these should be true.
There are more or less shares around, so we have a change in supply, but the company also has more or less money, which should counteract that.
Likely to vary depending on whether or not people believe the company can usefully spend and grow that money.
(Not sure what the actual evidence says on this.)