the issue with this stock, it has no basis being a $1.5bn company(yes it was $1.5bn company just late last wk)
$1.5bn company- most businesses at this level have significant earnings or profit -circa $50m EBITDA for a start. Even NVDA - the leader, has some EBITDA albeit trading at a frothy 70x multiple.
This doesnt even have $50m sales revenue..let alone a dime of revenue, and no management forecasts have been released
in summary its a pre rev start up trading at a $1.3bn value today. I wonder why this couldnt list on nasdaq??
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Last
$1.95 |
Change
-0.050(2.50%) |
Mkt cap ! $368.3M | |||
| Open | High | Low | Value | Volume |
| $1.98 | $1.99 | $1.91 | $1.676M | 855.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5128 | $1.95 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.98 | 3374 | 1 |
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