• AndiHutch@lemmy.zip
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    3 hours ago

    I mean yes, but I doubt the average lemmite is in the top 10% of stockholders that have the lion’s share of affect on the market since they own like 90% of the market (or some outrageous number like that, I don’t know the exact numbers offhand). Investment moves made by small players are probably tiny compared to what the rich and their asset managers do when they sell / buy.