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trophycase
on Dec 22, 2021
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The Great SPAC Scam: SPACs a Great Deal for Sponso...
Is that why the most profitable companies are also the most valuable?
pjc50
on Dec 22, 2021
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But the reverse does not hold true: plenty of the highest priced companies don't make a "profit", in the accounting sense. Such as Amazon.
ac29
on Dec 23, 2021
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That hasnt been true for years. Amazon has had a positive net income for quite a while. Their margin is small, but not negative.
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