What a click-baity title. The article finishes with this:
Still, Shopify is one of Canada’s best-performing stocks, having gained 135% this year as investors rewarded the company’s fast-growing sales and innovations in online checkout products
Words like this drive engagement. Many journalists also don't have statistical training.
I wrote a financial media literacy guide for precisely this reason:
Extreme Language: Articles use extreme language to represent price movements, as these engage readers (e.g., meltdown, bloodbath, crash, massacre, topple), but are often statistically suspect
Comments
It "tumbled" to the same price it was at last Thursday...
What a click-baity title. The article finishes with this:
Words like this drive engagement. Many journalists also don't have statistical training.
I wrote a financial media literacy guide for precisely this reason:
https://github.com/nemild/hack-the-media/blob/master/financi...
Some other good notes in this article:
Context Matters. The Stock Market Drop Is Less Scary Than It Seems.
https://www.nytimes.com/2018/02/05/upshot/context-matters-th...
Shares also "tumbled" >100% more than it was last year at this time...