When Investors Forget Fundamentals, the Market Is Broken

The best explanation for how stocks have moved so far this year is the raw price of the stock, with lower-priced ones doing better. But the price on its own carries virtually no useful information.

When Investors Forget Fundamentals, the Market Is
Broken
The best explanation for how stocks have moved so far this year is the raw price of the stock, with lower-priced ones doing better. But the price on its own carries virtually no useful information.