Something I heard about recently is that it’s unnervingly common for the stock prices of unknown but really important companies like these to shoot up following an outage because it reveals to stock investors how mich of a monopoly it has in an area.
Same for me with Solar Winds, Equifax, SVB and Ashley Madison.
Weird to think that some kind of major catastrophe in the future could again be caused by some company that exists right now, but am unaware of.
Something I heard about recently is that it’s unnervingly common for the stock prices of unknown but really important companies like these to shoot up following an outage because it reveals to stock investors how mich of a monopoly it has in an area.