I guess lower interest rates mean, all else equal, higher prices are justified. Also, regardless of business-specific factors, the market seems to have assigned a rosy future to anything 'tech'. It's probable, seems to me, that some sectors are already euphoric (basically a reinforcement of the pre-pandemic trend).
Travel is interesting. The market is definitely looking forward there (as it should).
The famous words of John Templeton loom large, in my mind. But I suspect we are not at broad euphoria yet.
I guess lower interest rates mean, all else equal, higher prices...
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$38.03 |
Change
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Mkt cap ! $3.131B | |||
| Open | High | Low | Value | Volume |
| $37.99 | $38.14 | $37.33 | $11.43M | 301.0K |
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| No. | Vol. | Price($) |
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| 2 | 482 | $38.02 |
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| Price($) | Vol. | No. |
|---|---|---|
| $38.10 | 515 | 2 |
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