4 ms·
Which could well be related to anticipation of a possible successful lawsuit. Also, right now META’s P/E ratio is very close to 1/10 that of TWTR’s. One might
by amluto 4y ago
Which could well be related to anticipation of a possible successful lawsuit.
Also, right now META’s P/E ratio is very close to 1/10 that of TWTR’s. One might credibly argue that TWTR and TSLA need amazing growth to justify their market caps, whereas META is actually worth its market cap without any growth required. (At a P/E <13, assuming that Meta’s profits remain unchanged forever, their stock is a bargain even at rather higher interest rates than we have today.)
It does indeed seem to be the case that TWTR has fallen less from its all-time high.