• protist@mander.xyz
    link
    fedilink
    English
    arrow-up
    20
    arrow-down
    1
    ·
    edit-2
    2 months ago

    You can see right there at the top of the graph it’s down 20% in the given timeframe. There are ways to make graphs misleading, but there’s nothing misleading at all about zooming in on the data in this chart

    • dustyData@lemmy.world
      link
      fedilink
      English
      arrow-up
      9
      arrow-down
      25
      ·
      edit-2
      2 months ago

      Percentages are also misleading. The timeframe will always stretch the percentage. Sure, a 20% drop on the same day is significant, but it still says absolutely nothing about the overall situation, nor why it happened. It is a significantly smaller drop when compared to their year long performance, and a significantly larger loss if only the last month is taken into account. There’s research on this, observing day to day changes on stock prices to describe a company is just as effective as describing people’s personalities through astrology. It’s bullshit.

      • protist@mander.xyz
        link
        fedilink
        English
        arrow-up
        17
        arrow-down
        2
        ·
        edit-2
        2 months ago

        Sure, a 20% drop on the same day is significant

        Yes, and that’s literally all this post is trying to convey. This post is not a news report or a economist’s dissertation, this is a screenshot of the pre-bell stock price posted to a gaming community on Lemmy

        • dustyData@lemmy.world
          link
          fedilink
          English
          arrow-up
          4
          arrow-down
          9
          ·
          edit-2
          2 months ago

          It’s already being called the lowest price in a decade. Technically true, but honestly disingenuous since the massive price bump to over €100 was an anomaly caused by the pandemic that swept the entire industry, not just this one publisher. Also drivel to generate engagement. Just like this post, here we are discussing it, despite the fact that it is misleading and poor characterization of the entire picture.

          • protist@mander.xyz
            link
            fedilink
            English
            arrow-up
            1
            ·
            2 months ago

            It being at its lowest price in a decade is literally true. I don’t have a clue why you’re bringing the pandemic into this since this stock reached its peak in 2018. Ubisoft stock has been on a precipitous decline for 4 straight years now, wtf are you even trying to convey here?