vegeta@lemmy.world to News@lemmy.world · 16 days agoTrump Media plummets 10% as post-lockup selloff picks up steamwww.cnbc.comexternal-linkmessage-square47fedilinkarrow-up1358arrow-down18cross-posted to: [email protected]
arrow-up1350arrow-down1external-linkTrump Media plummets 10% as post-lockup selloff picks up steamwww.cnbc.comvegeta@lemmy.world to News@lemmy.world · 16 days agomessage-square47fedilinkcross-posted to: [email protected]
minus-squareBiggles@lemmy.myserv.onelinkfedilinkarrow-up12·15 days 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-215 days 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%.