this post was submitted on 29 Jan 2026
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And yet their stock is skyrocketing, something is not right
House of cards
I mean it isn't? It spiked up in September and is flat since and is down like 15% since the beginning of the year. Could it/should it be lower? Perhaps, but it's not skyrocketing.
If you ignore the election bump in Nov 2024 that had completely reset by Mar 2025, their stock is up 100% in a little over a year. Yes that counts as skyrocketing, considering sales and profit have plummeted over the same time frame.