I'd add to this that people don't always get a share of the profits, known as dividends, only certain companies pay out dividends.
And also the price is partly affected by things like the estimated value of a company both now and down the line in a few years. Things like good news of expansion or new products will help the price while bad news like recession or increased fuel prices will reduce the price.
For example during covid most companies went down in price because they weren't allowed to open, while PPE companies increased because of both being allowed to operate and increase in demand.
That's pretty cool, I had imagined some outback rural area but then I'm on the suburbs of Belfast northern Ireland so everyone lives so close we might aswell be sitting in each other's houses, theres even our rural areas of wouldn't be rural to the point we have to travel that far for our packages
mayners t1_j28754f wrote
Reply to comment by adept-grumblefish28 in eli5; how does the stock exchange work? by dirtycumsock69420914
I'd add to this that people don't always get a share of the profits, known as dividends, only certain companies pay out dividends.
And also the price is partly affected by things like the estimated value of a company both now and down the line in a few years. Things like good news of expansion or new products will help the price while bad news like recession or increased fuel prices will reduce the price.
For example during covid most companies went down in price because they weren't allowed to open, while PPE companies increased because of both being allowed to operate and increase in demand.