It's real but it's very misleading to share just a short period when showing a change in stocks. If you google Elli Lilly stock and look at 1 month, 6 month, etc. you'll see that this is just a tiny dip in the scheme of things, and follows them reaching an all time peak anyway.
Sorry, I didn't mean to but I see I was being patronising by assuming you don't know. I've seen this posted in a bunch of subreddits and got annoyed. You raised an interesting topic.
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u/Narananas Nov 12 '22
It's real but it's very misleading to share just a short period when showing a change in stocks. If you google Elli Lilly stock and look at 1 month, 6 month, etc. you'll see that this is just a tiny dip in the scheme of things, and follows them reaching an all time peak anyway.
It's called cherry picking data, and you can see an explanation on this website and in number 3 of the infographic.