CNN CNN News Central June 4, 2024 12:36:00
>> one way to look at stocks and continent compare them is to take the price relative to how much in sales they generate. so look at this social media companies on average, ten times sales. that's their valuation. we're talking about meta in pinterest and rumble trump media though, 1,200 times sales that is sky high valuation, that really doesn't make any sense. and so professor jay ritter, he told me that despite the crash in the stock price, it's still grossly overvalued. now, at last, check this stock down 3% premarket, this volatile it is going to continue, stay tuned. >> sayyed, there is ...
Source: archive.org