If they were just talking about Reddit, I’d assume something dodgy was going on connected with the IPO. But Quora is supposedly back from the dead too… Am I missing something glaringly obvious here?

  • Omega_Haxors@lemmy.ml
    link
    fedilink
    English
    arrow-up
    5
    arrow-down
    1
    ·
    4 months ago

    Stock price isn’t a representation of the current value of a company, it’s the projected value of a company down the line.