It isn't. Stock price just measures investor confidence. Sometimes firing managers leads to more investor confidence. Most of the time it's a crapshoot but it's the best objective indicator we have for comparison.
It can also be a measure of other market factors. In the case of Siemens Energy the high demand for electricity generation capacity from AI certainly plays a role.
It isn't. Stock price just measures investor confidence. Sometimes firing managers leads to more investor confidence. Most of the time it's a crapshoot but it's the best objective indicator we have for comparison.
It can also be a measure of other market factors. In the case of Siemens Energy the high demand for electricity generation capacity from AI certainly plays a role.
It means their financials improved