"Write it down": Marla Quint's $500 DemoCorp call finished the year at $212
On 2 January 2024 Marla Quint told viewers DemoCorp would be a $500 stock by year-end. It never closed above $268.10 and ended 2024 at $212.40.
Pulling the records…
Television stock commentator (fictional) · Demo Markets Network
DEMO ONLY. Marla Quint is a fictional market commentator used to demonstrate how price-target predictions are recorded and resolved.
On 2 January 2024 Marla Quint told viewers DemoCorp would be a $500 stock by year-end. It never closed above $268.10 and ended 2024 at $212.40.
“The Demo Tech index outperforms the Demo 500 this year, by a lot.”
Outcome
Demo Tech returned +14.1% against +11.8% for the Demo 500. It outperformed, but by 2.3 points, which we do not treat as clearly "a lot".
“DemoCorp is going to be a five-hundred-dollar stock by the end of this year. Write it down.”
Outcome
DMCO never closed at or above $500 in 2024. Highest close: $268.10. Close on 31 Dec 2024: $212.40.
“The Demo Tech index outperforms the Demo 500 this year, by a lot.”
Context"By a lot" was not defined.
“DemoCorp is going to be a five-hundred-dollar stock by the end of this year. Write it down.”
ContextSaid during a segment on technology stocks, without conditions.