this post was submitted on 09 Nov 2026
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[–] anon_8675309@lemmy.world 78 points 23 hours ago (2 children)

They dropped a few percent.

Wall Street has no morals, it only dropped on the fear that this MIGHT affect them making money. It will recover shortly and people will move on.

[–] TrackenDaKracken@lemmy.world 26 points 22 hours ago (1 children)
[–] Jiral@lemmy.world 8 points 21 hours ago (1 children)

"A few percent" is as biased a description for -5% as "plunged". I mean you can all it both but really both is making it sound smaller or bigger than it is.

[–] boonhet@sopuli.xyz 13 points 21 hours ago (2 children)

5% is barely more than a normal daily 2-3% swing on any stock that nobody would really even write an article about. Thursday it dropped 9%, a lot more significant than this 5% drop in the middle of an already negative trend for this month.

[–] ParlimentOfDoom@piefed.zip 6 points 16 hours ago

Those are really big drops for stocks. Like the general goal for a year is beating the ~10% growth that the S&P average per year.

Swinging 2-3% is very volatile.

[–] Jiral@lemmy.world 6 points 21 hours ago

It is double that. Anyhow 9% is a pretty substantial short term loss. Markets are nervous but still don't want to call the bubble for real it seems. Let's see if they find another excuse in short succession to correct the stock.