this post was submitted on 26 Sep 2024
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[–] [email protected] 30 points 1 month ago (3 children)

“Tanked”

Checks graph

19% is a hit but I wouldn’t call it tanked.

Some stocks are just volatile. Here is the full history:

[–] [email protected] 29 points 1 month ago

Whenever I see social media say something dropped/jumped, I do the same thing as you - I visit the portfolio and take a birds eye view.

I still think about the one time redditors celebrated a company's stock dropping by 90% over the last day.

But what the picture left out was how the company was climbing by 1000% in a week before dropping.

[–] [email protected] 19 points 1 month ago

A drop this severe is tanking. Even with a stock history like the one from Ubisoft.

[–] [email protected] 13 points 1 month ago (2 children)

did ubisoft make face masks or something wtf happened in 2020

[–] [email protected] 16 points 1 month ago (2 children)

WTF you think happened in 2020? No one could leave their house, so video game went gang busters.

I worked at a video game retailer then, and it was the busiest we've ever been.

[–] [email protected] 1 points 1 month ago

Oh I remember 2020 we all took a jolly jaunt right

[–] [email protected] 1 points 1 month ago

that makes sense lol, it's been a long time since I've been in a video game store

[–] [email protected] 16 points 1 month ago

I think people were just bored out of their minds