AyG
Crazy Mango Extraordinaire
Posts: 5,871
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Post by AyG on Mar 1, 2018 9:42:41 GMT 7
Has the world gone mad? (Or, more closely, the world is still mad.) How can a company that last year lost $1.5 billion, the year before lost $425.9, even be contemplating an IPO? Indeed, it has never made a profit. And how can the company possibly be worth over $23 billion? It's lunacy on a par with the Bitcoin mania. Just pity people who invest in USA ETFs who will be forced to acquire this overpriced nonsense junk into their investments. Article: www.cnbc.com/2018/02/28/spotify-files-for-ipo.html
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