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Exxon/Mobil record income vs Stock Market looses 200 points?
How can a company report record quarterly income, more than any American company in history, and the stock market looses more than 200 points because they are unhappy with their gains?
3 Answers
- Anonymous1 decade agoFavorite Answer
It is important to understand where the profits come from. If you sell ten items at a penny profit, you have a 10 cent profit. But if you sell a million itemsyou have a 10,000 cent profit. It is easy to gain a larger profit and still have a depressed price on the market.
- ?Lv 45 years ago
Their self assurance got here with an American value ticket. we'd desire to provide Greece 37% of 157 billion funds for a 2d time. because of fact of this the industry dropped. The industry is asserting the place will the money come from?
- SDDLv 71 decade ago
The same way you'd be unhappy with two scoops of ice cream if you were expecting three.
