Comment on Microsoft lost $357 billion in market cap as stock plunged most since 2020
jj4211@lemmy.world 1 week agoIt’s not just an abstract number, but leveraging it changes the value. If they hypothetically tried to leverage 2 trillion with of their stock, it wouldn’t be worth 2 trillion.
Of course the needle would probably barely move if they tried to leverage 50 billion.
avidamoeba@lemmy.ca 1 week ago
Exactly. They can’t get anything they want out of it but they can get a lot. Especially if it’s moving upwards.