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A look at Vimeo's stock chart is enough to understand why they're doing this. Not much left to lose.
by pavlov 5y ago
A look at Vimeo's stock chart is enough to understand why they're doing this. Not much left to lose.
- tyingq 5y agoOh, wow: 52-wk high 58.00 52-wk low 9.20 Today 10.47
- skinnymuch 5y agoHave they been public for 12 months/52 weeks? If you look at most non legacy/huge tech companies. They are within 1/3 of their 52 week low. A good many are right there within 10-15% like Vimeo. Vimeo’s drop off is steeper, for sure. Almost every IPO in 2021 is doing awful. Bumble’s stock is in the gutter too while still being popular enough (I believe, I haven’t looked at the numbers)
- tyingq 5y agoThey went public in May 2021, so 10 months.