What's a Stock Worth? In New Economy, Accounting Has Its Critics

2:00am PDT - June 6th, 2018    nike stock price today - Bloomberg

On paper, Autodesk Inc. is a bit of a mess. It’s been losing money for almost three years, and its book value -- what’s left if you sell off the assets and repay debt -- is negative. Yet over the past year, the stock has gained 23 percent, almost double the S…