2 ms·

It's probably not dire. It doesn't change the fact that the price has dropped meaningfully, it's not just multiples contracting while revenues go up.

• sokoloff 5y ago
  I don’t believe I claimed the price was unchanged.
  • halpert 5y ago
    You implied the price change wasn’t massive, but it was. This is what you said: > A 52% correction in price would be a dire situation indeed. A 52% correction in multiple feels like a semblance of sanity is returning.