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HODL! What were they expecting, another "meme" stock? Or a price based on reality? It's nice to see "reality" winning for a change.
by fortran77 3y ago
HODL! What were they expecting, another "meme" stock? Or a price based on reality?
It's nice to see "reality" winning for a change.
- Retric 3y agoThat drop still values the company at 8 Billion. For the 3rd most popular website filled with user generated content it's not that unrealistic. Even if the company is currently unprofitable there's reasonable odds it could become so or just get taken private by someone interested in owning a major media brand.