higher inflation fears leads to expected interest rate hikes which makes the highly speculative future profits less valuable
If interest rates are 0 you can gamble APT will one day make money
If interest rates are 10% noone will take a chance on this dumb concept of a stock
If interest rates are 10% lending money to consumers at 0% (APT business model) starts to make less sense
If interest rates are 10% the lower than low subprime borrowers that are APT customers are much less likely to pay back their APT debt due to other financial obligations
APT Price at posting:
$84.08 Sentiment: Sell Disclosure: Not Held
