4 ms·
I don't know if this article is true but many assertions are untrue. The bowlero stock is pretty level and up from when it went public. It never made it past $1
by davidu 2y ago
I don't know if this article is true but many assertions are untrue. The bowlero stock is pretty level and up from when it went public. It never made it past $17 from the $10 opening (SPAC probably?). So I have no idea what this author is talking about when he says it's been a wild ride.
- busterarm 2y agoIt's Jacobin. Capitalism has shaky underpinnings and is only to the detriment of society at that publication. Their mention of Bowlmor Lanes was casual and dismissive. In the early 90s when Shannon bought the place it was a completely dilapidated mess you wouldn't want to go into and he turned it into the most profitable/successful bowling center in the entire US. I lived through the transition and it was significant.
- burkaman 2y agoHas it been edited? I don't see anything in the article about a volatile stock or a "wild ride".
- MuffinFlavored 2y ago> SPAC stands for Special Purpose Acquisition Company