SQ2 is just one of the many intrinsically unprofitable bubble stocks that rely on perpetual revenue growth but don't make a profit. They can't significantly reduce spending because it would expose the fundamental weakness of the underlying business. [Nvidia has even resorted to funding unprofitable AI and cloud startups to artificially pump demand.]
If Block had a brilliant future do you think insiders, like Alyssa Henry, would be constantly selling shares?
SQ2 is just one of the many intrinsically unprofitable bubble...
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Last
$107.45 |
Change
0.755(0.71%) |
Mkt cap ! $4.550B | |||
| Open | High | Low | Value | Volume |
| $107.14 | $107.56 | $106.70 | $9.411M | 87.86K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 7 | $107.44 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $107.45 | 44 | 2 |
View Market Depth
| Last trade - 13.30pm 17/07/2024 (20 minute delay) ? |
| SQ2 (ASX) Chart |