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Amazon is only worth its current market cap if it can increase sales by at least 5x. The market disagrees. The market capitalization is set by what people are
by skylan_q 11y ago
Amazon is only worth its current market cap if it can increase sales by at least 5x.
The market disagrees. The market capitalization is set by what people are willing to buy and sell ownership of the company for. It is not set by the amount of revenue generated.
- anti-shill 11y agothe market is wrong