Whether the comment is informative or not it dismisses the news article without even tackling the actual issue which is the commerce secretary recommending the stick for which the presidents closest advisor is the CEO/largest shareholder.
I disagree with the downvotes but it is very close to distracting the actual issue at hand by dismissing the more minor issue which is the stock price movement.
That's certainly a more interesting topic of discussion, but this submission is not about the issue that you and I would rather discuss, it is about short-term movements in the price of a stock that moved in the same direction as the S&P 500 and the NASDAQ.
I’m going to be honest, I try to assume good faith from others on this forum but your comment makes that particularly difficult. By “issue that you and I would rather discuss” are you referring to the Secretary of Commerce’s unprecedented public endorsement to buy a specific stock, of which the President’s primary advisor is the majority shareholder? Because if that’s what you’re suggesting well, that’s pretty wild. Especially considering the second paragraph of the article highlights exactly what the article is about:
“Why it matters: Cabinet secretaries don't typically recommend individual stocks, much less those linked to the president's closest adviser.”
I disagree with the downvotes but it is very close to distracting the actual issue at hand by dismissing the more minor issue which is the stock price movement.