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Google, went from ~$60 (March 2020) to ~$145 (August 2021) .. that's more than ~140% in ~1y ??? Did revenue grow that much to justify this crazy appreciation?
by Patrol8394 4y ago
Google, went from ~$60 (March 2020) to ~$145 (August 2021) .. that's more than ~140% in ~1y ??? Did revenue grow that much to justify this crazy appreciation?
Now, it sits at around ~$95, still ~50% gain since pre-covid ...
I think the 2020 was a bubble and as such was not sustainable. Things are simply normalizing.
And don't get me started on stocks like TWLO, ZM, etc ...