Yeah, if you check out the stock prices among a number of different companies, you notice that a lot of big tech got a massive increase around 2020 when the lockdowns happened, peaked around November 2021 in value, and it's been downhill since then. There's also plenty of non-tech companies that show the same trend. Nike, Puma, Under Armor, all of them follow the same general trend of rising post-2020 before dropping like a rock near the end of Nov 2021.
Yeah, their 2020 growth wasn't an evidence of a growing economy, it was an evidence of inflation.
It wasn't fixed, so the economy crashed and their share prices too.
Yeah, if you check out the stock prices among a number of different companies, you notice that a lot of big tech got a massive increase around 2020 when the lockdowns happened, peaked around November 2021 in value, and it's been downhill since then. There's also plenty of non-tech companies that show the same trend. Nike, Puma, Under Armor, all of them follow the same general trend of rising post-2020 before dropping like a rock near the end of Nov 2021.
Yeah, their 2020 growth wasn't an evidence of a growing economy, it was an evidence of inflation. It wasn't fixed, so the economy crashed and their share prices too.