• 1984@lemmy.today
    link
    fedilink
    English
    arrow-up
    14
    ·
    3 months ago

    It’s really strange it’s still at 47 dollars in the stock market. That thing is extreamly overvalued.

    • jkrtn@lemmy.ml
      link
      fedilink
      English
      arrow-up
      8
      ·
      3 months ago

      Market is irrational. Donald Social is trash garbage with no future, looks like it has a $5.5 billion market cap.

      • ShepherdPie@midwest.social
        link
        fedilink
        English
        arrow-up
        6
        ·
        3 months ago

        $5.5B with a yearly revenue of $4 million and a loss of $58 million. Even if they had $0 in expenses, it’d still take a little under 1400 years to earn the equivalent of their market cap.