Ubisoft stock drops 20% After AC Shadows Delay and Investor Investigation
(www.gamepressure.com)
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i thought interest rates got reduced by 0.5% last week.
Oh, interest rates did go down last week, but the market was expecting a 3.5% reduction by now, all the way back from the beginning of the year. This stupidly optimistic prediction was baked into the stock prices all throughout the year, and it has yet to correct itself despite all the predictions being wrong. It's preemptive, algorithmic retardation.
Well. Might as well ride it up until election day lol.