Cattle Prod This Unicorn: Beyond Meat’s Stock Will Kill Your Portfolio

2019-6-7 04:30

By CCN: In yet another example of the ongoing irrational exuberance in the stock market, Beyond Meat soared 15% in after-hours trading to $115 after its first post-IPO earnings report. Or rather, its first post-IPO loss report.

Once again, the stock market insists on valuing money-losing businesses in the billions of dollars. Beyond Meat Stock Price Is Beyond Insane The stock market is giving Beyond Meat stock a $5. 7 billion valuation after reporting a mere $40 million in revenue this quarter. Beyond Meat lost $6. 6 million in the quarter and generated negative cash flow of about $2 million. The $5. 7 billion

The post Cattle Prod This Unicorn: Beyond Meat’s Stock Will Kill Your Portfolio appeared first on CCN

.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Market.space (MASP) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Доступно / Всего 0 MASP

beyond stock meat market million quarter billion

beyond stock → Результатов: 14


Фото:

Mike Novogratz Cryptocurrency Merchant Bank Finally Goes Live This Week

Serial investor and Bitcoin bull Mike Novogratz is days away from launching his own merchant bank Galaxy Digital LP, which begins trading on the Toronto Stock Exchange August 1. ‘We Want To Be Globally Traded’ After an eight-month period of haggling with regulators, the cryptocurrency-focussed project will go live under the GLXY ticker, with plans to extend far beyond the Canadian market.

2018-7-31 20:00