asked 144k views
0 votes
(1 point) Why does the journalist think Enron's stock is overvalued?

1 Answer

7 votes

Hi, you've asked an incomplete question. However, I provided some explanation.

Step-by-step explanation:

Note, in the stock/asset trading market, the term 'stock/asset is overvalued' is used when the worth of a particular asset or stock is overestimated; in other words having a stock price that is too high considering the projects/company's usefulness.

Hence, the journalist's comments may have been based on this observation.

answered
User Nandini
by
8.2k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.