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No Stupid Questions@lemmy.worldEnglish · 4 days ago

$1.8 trillion was wiped out from the US stock market yesterday, where did it go?

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$1.8 trillion was wiped out from the US stock market yesterday, where did it go?

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No Stupid Questions@lemmy.worldEnglish · 4 days ago

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There’s nothing “supposedly” about it. It does represent a part of the ownership. If you own all the pieces of paper then you own the company.

However much you paid for it and how much it’s worth are completely different stories, but the stock is indeed the ownership.

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