@jeffwM to News • 9 months agoTrump’s Net Worth Falls by $1 Billion as His Media Company’s Stock Plungeswww.thedailybeast.comexternal-linkmessage-square46arrow-up1465arrow-down113
arrow-up1452arrow-down1external-linkTrump’s Net Worth Falls by $1 Billion as His Media Company’s Stock Plungeswww.thedailybeast.com@jeffwM to News • 9 months agomessage-square46
minus-square@jeffwOPMlink2•9 months agoA market cap can’t really be “fraudulent”. Stock valuation has traditional methods, but meme stocks have blown the lid off of that in many circumstances. It’s still worth that much because people are willing to pay that price.
A market cap can’t really be “fraudulent”. Stock valuation has traditional methods, but meme stocks have blown the lid off of that in many circumstances. It’s still worth that much because people are willing to pay that price.