Investors lap it up as hungrily as Netflix binge-watchers, who now number 193m worldwide. Since going public in 2002 the firm’s share price has risen 500-fold (see chart 1), in the top ten 18-year runs in America Inc’s history, as Mr Hastings points out with a hint of pride in his voice. This year it briefly overtook Disney to become the world’s most valuable entertainment company.
The Economist, 09/2020
Hi. What does the “runs” in red mean? A period of time?
Thank you.
zuotengdazuo What does the “runs” in red mean? A run is when the price of a stock continues to go up or go down without a reverse over time. It is the ordinary word applied to stocks.
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zuotengdazuoWhat does the “runs” in red mean?
A run is when the price of a stock continues to go up or go down without a reverse over time. It is the ordinary word applied to stocks.
https://www.merriam-webster.com/dictionary/run
"a continuous period or s