UPS earnings report
#41
Gets Weekends Off
Joined APC: Dec 2016
Posts: 101
Oh my gosh, market cap means nothing.
uber has a $70B market cap, hasn’t turned a profit in 3 years, losing $14B over the last 2 years.
tesla made a profit for the first time this year, $5B, same as FedEx, and Tesla cap is $942B vs FedEx $66B.
ever heard of the dot com bubble? Market cap proves nothing when it comes to the fundamentals of a company. Stock market is a lot of emotion.
Myspace market capitalization was once $12B
uber has a $70B market cap, hasn’t turned a profit in 3 years, losing $14B over the last 2 years.
tesla made a profit for the first time this year, $5B, same as FedEx, and Tesla cap is $942B vs FedEx $66B.
ever heard of the dot com bubble? Market cap proves nothing when it comes to the fundamentals of a company. Stock market is a lot of emotion.
Myspace market capitalization was once $12B
#42
Occasional box hauler
Joined APC: Jan 2018
Posts: 1,800
Oh my gosh, market cap means nothing.
uber has a $70B market cap, hasn’t turned a profit in 3 years, losing $14B over the last 2 years.
tesla made a profit for the first time this year, $5B, same as FedEx, and Tesla cap is $942B vs FedEx $66B.
ever heard of the dot com bubble? Market cap proves nothing when it comes to the fundamentals of a company. Stock market is a lot of emotion.
Myspace market capitalization was once $12B
uber has a $70B market cap, hasn’t turned a profit in 3 years, losing $14B over the last 2 years.
tesla made a profit for the first time this year, $5B, same as FedEx, and Tesla cap is $942B vs FedEx $66B.
ever heard of the dot com bubble? Market cap proves nothing when it comes to the fundamentals of a company. Stock market is a lot of emotion.
Myspace market capitalization was once $12B
#43
Gets Weekends Off
Joined APC: Dec 2016
Posts: 101
A high market cap is effective protection against a hostile takeover. The higher your market cap is relative to the value of your physical assets and cash on hand, the less attractive a takeover target you are. It also makes it cheaper to borrow. If AA’s market cap were $100B they wouldn’t be struggling to refinance their debt. Market cap is indeed partially market “emotion”, but that emotion has real world consequences.
Thread
Thread Starter
Forum
Replies
Last Post