vegeta@lemmy.world to News@lemmy.world · 2 months agoTrump Media plummets 10% as post-lockup selloff picks up steamwww.cnbc.comexternal-linkmessage-square47fedilinkarrow-up1357arrow-down19cross-posted to: [email protected]
arrow-up1348arrow-down1external-linkTrump Media plummets 10% as post-lockup selloff picks up steamwww.cnbc.comvegeta@lemmy.world to News@lemmy.world · 2 months agomessage-square47fedilinkcross-posted to: [email protected]
minus-squareBiggles@lemmy.myserv.onelinkfedilinkarrow-up12·2 months agoBook value per share is around $1.50. However, they don’t make any profit so the actual value of the company is considerably less. In my opinion, not financial advice.
minus-squareripcord@lemmy.worldlinkfedilinkarrow-up5·edit-22 months agoIt’s lower than when it launched, but is still overvalued by at least 1200%.
Sounds overpriced.
Book value per share is around $1.50. However, they don’t make any profit so the actual value of the company is considerably less. In my opinion, not financial advice.
It’s lower than when it launched, but is still overvalued by at least 1200%.