If they were just talking about Reddit, I’d assume something dodgy was going on connected with the IPO. But Quora is supposedly back from the dead too… Am I missing something glaringly obvious here?

    • @originalfrozenbanana@lemm.ee
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      139 months ago

      Enron’s share price was very high right up until the end, too. Share price is not necessarily a good indicator of underlying fundamentals

    • @Omega_Haxors@lemmy.ml
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      19 months ago

      Stock price isn’t a representation of the current value of a company, it’s the projected value of a company down the line.