211
submitted 1 year ago by BrikoX@lemmy.zip to c/worldnews@lemmy.ml
you are viewing a single comment's thread
view the rest of the comments
[-] Kingkhan@lemmy.world 2 points 1 year ago

What kind of effect would this have the share prices? I guess for Spotify a $1 isn’t super crazy for people to accept, you’d think it’d rise?

[-] redcalcium@lemmy.institute 3 points 1 year ago

At the very least, profitable companies can maintain their valuation. Unlike, say, Twitter valuation which dropped to a third of what Musk pay for because it's losing even more money after the takeover.

this post was submitted on 24 Jul 2023
211 points (97.3% liked)

World News

31887 readers
598 users here now

News from around the world!

Rules:

founded 4 years ago
MODERATORS