pipedreams Posted January 14, 2021 Share Posted January 14, 2021 Keep in mind that market value, that could all change tomorrow. "Social media giants Facebook and Twitter have collectively seen $51.2 billion in combined market value wiped out over the last two trading sessions since they banned President Donald Trump from their platforms following the U.S. Capitol breach. Large tech firms and a number Democratic political figures have claimed Trump incited violence at the U.S. Capitol last week. The incident disrupted debates in both the House and Senate as lawmakers were forced to shelter in place while police and security attempted to seize back control." https://www.theepochtimes.com/twitter-facebook-51-billion-combined-market-value-erased-since-trump-ban_3656442.html 2 Link to comment Share on other sites More sharing options...
Historian Posted January 14, 2021 Share Posted January 14, 2021 Couldn't happen to a finer company. 2 1 Link to comment Share on other sites More sharing options...
LostinTexas Posted January 15, 2021 Share Posted January 15, 2021 And. They. Don't. Care. Link to comment Share on other sites More sharing options...
railfancwb Posted February 17, 2021 Share Posted February 17, 2021 On 1/15/2021 at 4:44 PM, LostinTexas said: And. They. Don't. Care. Why should they? Market value of stock of publicly traded company is relevant only if the company plans to sell stock or trade stock for another company. Link to comment Share on other sites More sharing options...
minervadoe Posted February 17, 2021 Share Posted February 17, 2021 (edited) What assets do these companies own other than some software IP that they don't dare sell and a bunch of servers that started becoming obsolete before they were unboxed and some land in "Menlo Park" built on bay fill? If they sell their software, hundreds of competitors could crop up overnight. The only thing even remotely valuable that their stock value is pumped up by is their advertising revenue (which if every self respecting conservative got off their site) could plummet tomorrow. Edited February 17, 2021 by minervadoe Link to comment Share on other sites More sharing options...
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