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Why is it so many corporations these days are in this position but their stock prices are at all time highs?....

Lizard_of_Ahaz 9 June 30
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Level 8

If that is a serious question, here is a serious answer:

[investopedia.com]

BD66 Level 8 June 30, 2021

The actual answer is in two parts...
(1) Wall street is just legalized gambling by idiots and
(2) Stock buy backs by corporations drive up the price of stocks...

@Lizard_of_Ahaz & as to (2) the tRump tax cuts allowed massive buy backs to occur.

@phxbillcee Stock buy backs are also considered a cost of doing business and therefore the money used is tax exempt...

@Lizard_of_Ahaz Isn't that convenient...

@phxbillcee Oh so very.... I guess it is more so than bothering to pay their employees enough to live on....
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