Chereads / The Rise Of Australasia / Chapter 874 - Chapter 652: Stock Market Crash (Requesting Monthly Tickets!)_2

Chapter 874 - Chapter 652: Stock Market Crash (Requesting Monthly Tickets!)_2

But the question is, is it that easy to exit the stock market now?

Everyone knows that a downturn in the Market isn't going to end in a short period of time, so naturally, nobody wants to be the sucker taking over someone else's shares.

Take the well-known Scott Real Estate Company from the US New York Stock Market as an example.

At its peak, Scott Real Estate had over 200,000 shares issued, with a price per share exceeding 77 US dollars, indicating that Scott Real Estate's market value was as high as 15.4 million dollars.

But as of July 17, the share price of Scott Real Estate had plummeted to below 40 dollars, with the actual selling price even less than 30 dollars.

This means that the enterprise, once valued at 15 million dollars, had lost more than half of its worth within three days; its current market value had dipped below 8 million dollars.

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