It means because of a orange guy and his tariffs the whole market is down. So we have to compare it with whole market. If it has fallen more than half of stocks, then we can say it just adobe’s fault and not just market’s fault.
To get this idea we take the average of stocks which S&P500 which shows the average stock price for 500 biggest companies.
Unfortunately the entire market looks like this. You have to normalize the graph against the S&P to see how they’re really doing.
Unlike the last guy, I have not gained knowledge. What do these words mean?
It means because of a orange guy and his tariffs the whole market is down. So we have to compare it with whole market. If it has fallen more than half of stocks, then we can say it just adobe’s fault and not just market’s fault. To get this idea we take the average of stocks which S&P500 which shows the average stock price for 500 biggest companies.
Thank you - I have acquired new knowledge.