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user-inactivated · 2491 days ago · link · · parent · post: McDonald's hits all-time high as Wall Street cheers replacement of cashiers with kiosks
Last I heard, Alan Mulally left Ford because stockholders were unhappy about the value of their shares. From what I've heard, GM is in similarly hot water. Both are on par with where they've tended to be historically, at least, if I'm reading the graph on Google right. I think maybe the explosion in tech stocks has created unrealistic expectations, because I think if a stock today is at what seems at a reasonable place, I don't think there's much to be upset about. Apparently a lot of people disagree though.But of course the stock market is going bugshit over it because the stock market no longer pays attention to what anything means.