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usonian

(23,239 posts)
18. Yes, I was talking revenue. Market cap is the money held in shares (IIRC) and reflects
Thu Oct 6, 2022, 06:08 PM
Oct 2022

perceived future value in growth stocks. And that is why when growth falls, or is expected to fall, market cap craters.


Mark Zuckerberg's net worth has dropped $71 billion this year
https://www.cbsnews.com/news/mark-zuckerberg-net-worth-lost-70-billion-metaverse/

Sep 20, 2022
The stock market rout of 2022 has reduced the personal worth of plenty of tech billionaires, but none more than Meta CEO Mark Zuckerberg. The founder of the company formerly known as Facebook,...

Twitter is the "beneficiary" of arbitrage, to the extent that anyone can figure out what is going on, as companies are usually bought at a premium to market price.

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