Friday, December 22, 2023 8:08:54 AM
The market cap is the number of shares times the share price. The share price is what people are willing to pay for it. Demand drives share price, and if the demand isn't there, the market cap won't increase. It is really as simple as that. Just because a company has money in their bank account is no guarantee that the share price will increase.
Recent JPTE News
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