this post was submitted on 31 Jul 2026
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[–] SirEDCaLot@lemmy.today 55 points 3 weeks ago (14 children)

If anything this shows how totally fucked equity markets are.

  • Predicted $732MM revenue, reported $805MM (10% higher than projected)
  • Expected 54MM DAU, got 53.2MM (1.5% lower than projected)
  • Expected daily users growth of 130.07MM, actual growth 130.3MM (0.2% higher than projected)

So they're making way more money than expected, but they haven't sold out their users fast enough so dump the stock?

[–] IzzyJ@lemmy.world 14 points 3 weeks ago (8 children)

What it is is proof stocks should not be sold to investors. Should be owned by employees. Coops ftw

[–] adhdsergio@lemmy.world 7 points 3 weeks ago (5 children)

Yes but then how will the execs make money

[–] SkyezOpen@lemmy.world 6 points 3 weeks ago (2 children)

They can think of something on the way down.

When they go low we go high.

The higher fall lets the guillotine gain more energy before impact.

[–] adhdsergio@lemmy.world 2 points 3 weeks ago

May the gods hear you

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