At some point in the maybe-distant, maybe not-so-distant future, we will look back and realize that March 2, 2017 was the day we all got together and decided that $24 billion was about right for a company whose business model revolves around disappearing Sexts and putting deer ears on teenagers’ selfies…
WATCH: Here's the moment when $SNAP started trading on the @NYSE and soared more than 40%. https://t.co/AXsZAU88fh pic.twitter.com/Zul9u7s6CC
— CNBC (@CNBC) March 2, 2017
marriott? target? ‘big tech player’? just needs a 12 fold increase in revenues to be at 5x SALES…..complete lunacy
pisani doesnt even realize how foolish it sounds even
Not like this is the first time you are seeing such market behavior
Can things get any more absurd? Why, I must say, YES they can and will.