Is the stock valued in dollars? If so then yes.
Example if you have a stock that is worth 100 dollars and inflation increases 1% would it not have 1% less in purchasing power just the same as a 1 dollar bill?
Doesn't inflation increase the value of the stuff the company makes?
Example if you have a stock that is worth 100 dollars and inflation increases 1% would it not have 1% less in purchasing power just the same as a 1 dollar bill?
My $100 bill can't increase prices on the products it sells, so no.