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$1.15 trillion was wiped out from the US stock market today. (feddit.uk)

submitted 2 days ago by [email protected] to c/[email protected]

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[–] [email protected] 5 points 1 day ago

This data is not saying that $1.15t in shares have been sold.

It means that the sum of all the values of all the shares on the exchange is $1.15t less than it was the day before.

All of the same shares still exist and are still owned by someone, with the exception of a few companies being wound up or a few companies being listed for the first time.

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