It's really strange it's still at 47 dollars in the stock market. That thing is extreamly overvalued.
Market is irrational. Donald Social is trash garbage with no future, looks like it has a $5.5 billion market cap.
$5.5B with a yearly revenue of $4 million and a loss of $58 million. Even if they had $0 in expenses, it'd still take a little under 1400 years to earn the equivalent of their market cap.
Even worse, Reddit
Fair point
It's really strange it's still at 47 dollars in the stock market. That thing is extreamly overvalued.
Market is irrational. Donald Social is trash garbage with no future, looks like it has a $5.5 billion market cap.
$5.5B with a yearly revenue of $4 million and a loss of $58 million. Even if they had $0 in expenses, it'd still take a little under 1400 years to earn the equivalent of their market cap.