Why do stocks go up? (I suppose I could as easily ask why they go down, but I’m trying to keep a positive attitude here.) Here are a few popular answers. The company’s revenues and/or earnings have increased. A news story or economic forecast has brightened the outlook for the company’s products or sector. The company has announced a new product or service that will kick business to a higher level. Its stock is trading at a deep discount to its intrinsic worth or has a low P/E ratio. Some analyst or TV investing guru has given the stock...
