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
$94.19 |
Change
0.090(0.10%) |
Mkt cap ! $3.950B | |||
| Open | High | Low | Value | Volume |
| $94.20 | $94.50 | $93.81 | $7.202M | 76.46K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 73 | $94.18 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $94.50 | 2 | 1 |
View Market Depth
| Last trade - 16.10pm 17/06/2024 (20 minute delay) ? |
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Last
$94.16 |
Change
0.090 ( 0.15 %) |
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| Open | High | Low | Volume | ||
| $94.30 | $94.43 | $93.81 | 48500 | ||
| Last updated 15.59pm 17/06/2024 ? | |||||
| SQ2 (ASX) Chart |
