The IPO was underwritten, so hyped to open high to facilitate dumping, imo.
MYD revenue is about 5% of GTV, last year $5m on about $100 GTV.
Q121, $56.7m GTV, MYD probably generated around $2.8m revenue for the quarter, not that much.
At $2.50, market cap $645m, is way overvalued, imo.
The IPO was underwritten, so hyped to open high to facilitate...
-
- There are more pages in this discussion • 249 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)