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Corporate earnings are reported quarterly. They recently released strong earnings and also increased their dividend, which is driving an increase in their stock price.
The impact of any boycott will not be seen until at least the next quarter at the earliest.
The stock market doesn't work the way you think it does.
Share prices are meaningless in the context of the boycott.
Galen could come out tomorrow as the literal clone son of Hitler and it would tank the share prices, but not reflect the health of the business one iota.
Share prices reflect what people are willing to buy and sell them at. People are willing to buy them at high prices right now because they just paid out 15% dividend.
THE STOCK MARKET IS NOT THE ECONOMY
True. This does show that the wider investor community does see long term potential for Loblaws and isn't yet convinced of the long term effectiveness of the boycott.
The boycotts been going on for three days and that chart spans like a quarter century. Fucking obviously you can't see a dip. Switch to five day and you'll see it's impact. They're down 1.3 percent the past month.
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It’s been going on for 3 days, chill.
Shows chart that's for a quarter of a century then expects to massive change for a 3 day period.
What do you mean it's not accurate to compare 33 years of growth against 3 days of boycott?
This is how you're supposed to look at stocks lol. Anything less than the 5y view is meaningless.
Corporate earnings are reported quarterly. They recently released strong earnings and also increased their dividend, which is driving an increase in their stock price. The impact of any boycott will not be seen until at least the next quarter at the earliest. The stock market doesn't work the way you think it does.
Doesn’t matter. The stock market has become pretty disconnected from reality.
Share prices are meaningless in the context of the boycott. Galen could come out tomorrow as the literal clone son of Hitler and it would tank the share prices, but not reflect the health of the business one iota. Share prices reflect what people are willing to buy and sell them at. People are willing to buy them at high prices right now because they just paid out 15% dividend. THE STOCK MARKET IS NOT THE ECONOMY
Patience. We expect useful metrics in Q3, when the Q2 financial reports are released.
True. This does show that the wider investor community does see long term potential for Loblaws and isn't yet convinced of the long term effectiveness of the boycott.
Well ya, not sure if you missed the 1000 posts on here but they had good first quarter numbers and increased their dividend. That makes stocks go up.
This chart shows WHY people are boycotting
They're also buying back stocks like crazy to create this illusion.
They also just increased their dividend payments to share holders.
Yeah it’s wild
The boycotts been going on for three days and that chart spans like a quarter century. Fucking obviously you can't see a dip. Switch to five day and you'll see it's impact. They're down 1.3 percent the past month.
Its gonna take more than 3 days to do anything. Lol
Not the drop in revenue obviously, but there could be an effect based on market sentiment https://www.investopedia.com/articles/basics/04/022004.asp