Rapidcreek@lemmy.world to politics @lemmy.world · 6 months agoTrump Media plunges amid plan to issue more shares. It's lost $7 billion in value since its peak.www.cbsnews.comexternal-linkmessage-square35fedilinkarrow-up1208arrow-down19
arrow-up1199arrow-down1external-linkTrump Media plunges amid plan to issue more shares. It's lost $7 billion in value since its peak.www.cbsnews.comRapidcreek@lemmy.world to politics @lemmy.world · 6 months agomessage-square35fedilink
minus-squaremipadaitu@lemmy.worldlinkfedilinkEnglisharrow-up52·6 months agoShould be worth negative $. It doesn’t make any money and has no way to make a positive cash flow legally.
minus-squareRapidcreek@lemmy.worldOPlinkfedilinkarrow-up20arrow-down1·6 months agoYeah crazy that it’s still worth $2.1 billion. But, there’s always tomorrow.
minus-squareprotist@mander.xyzlinkfedilinkEnglisharrow-up18·6 months ago“Worth” is a stretch. That’s a fully unrealized sum of money that will continue to shrink as shares are sold
minus-squareNeatolinkfedilinkEnglisharrow-up9·6 months agoI’m sure it’s worth whatever the server hardware sells for second hand.
minus-squarebillybong@lemmynsfw.comlinkfedilinkarrow-up6·6 months agoMuch less. The company has like $60m in debts and $3m in assets and lost $56m last year. You need to find a way for the company to make enough to pay off its debts before becomes worth anything.
Should be worth negative $. It doesn’t make any money and has no way to make a positive cash flow legally.
Yeah crazy that it’s still worth $2.1 billion. But, there’s always tomorrow.
“Worth” is a stretch. That’s a fully unrealized sum of money that will continue to shrink as shares are sold
I’m sure it’s worth whatever the server hardware sells for second hand.
Much less. The company has like $60m in debts and $3m in assets and lost $56m last year. You need to find a way for the company to make enough to pay off its debts before becomes worth anything.
$1.73