> If they believed this, they wouldn't be selling at the current spot…
They’re not. You’re mixing up the market as a whole and the owners of a majority of shares.
The ask price is the lowest ask. If you buy a lot of something, you reach further into the order book and the price is going to be higher. If you want a 51% stake, then a lot higher.
Depends on the index fund and the rules / guidance they follow to balance.
Many of them are passive, and only adjust once a quarter or once a year. Additionally, big spikes by one stock match drops in other stocks, aka they're not likely to make a big sale because one stock (twitter) had a good day.
They’re not. You’re mixing up the market as a whole and the owners of a majority of shares.
The ask price is the lowest ask. If you buy a lot of something, you reach further into the order book and the price is going to be higher. If you want a 51% stake, then a lot higher.