Why do these numbers even matter when a company keeps crushing it on EPS and revenue... For example PLTR is making 1B in revenue last year and their growth is like 50% YOY but why does a market cap of 50Billion even matter in terms of valuation... the growth of the company keeps accelerating and if they keep beating EPS and revenue, the stock price and market cap will subsequently go up, right?? Snowflake didn’t even make 200 million in revenue last quarter and their market cap is 70 Billion rn.... do stock price and market cap even matter lol? I’m fairly new to this btw so be nice! Thanks!
Submitted March 11, 2021 at 05:46PM by NarutoVonnegut https://ift.tt/38t9opW
