Category: justified
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SOFI Stock’s Sky High Valuation Can’t be Justified by Exciting Growth
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SoFi Technologies (SOFI) is a lending technology platform and consumer financial stock that has significantly outperformed the broader financial sector over the past 12 months. However, despite the impressive growth outlook, I’m pessimistic about this California company. The stock’s valuation is very high, and the high price paid for the…
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SOFI Stock’s Sky High Valuation Can’t be Justified by Exciting Growth
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SoFi Technologies (SOFI) is a lending technology platform and consumer financial stock that has significantly outperformed the broader financial sector over the past 12 months. However, despite the impressive growth outlook, I’m pessimistic about this California company. The stock’s valuation is very high, and the high price paid for the…
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Riot acquisition price of Block Mining is ‘justified,’ improves its hash rate
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Analysts from HC Wainwright claim that Riot’s acquisition of Block Mining is a great move for the company and its hash rate. Riot Platforms, Inc. has significantly enhanced its growth and operational capabilities with the acquisition of Kentucky-based Block Mining, Inc. for $92.5 million. The acquisition includes $18.5 million in…
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Riot acquisition price of Block Mining is ‘justified,’ improves its hash rate
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Analysts from HC Wainwright claim that Riot’s acquisition of Block Mining is a great move for the company and its hash rate. Riot Platforms, Inc. has significantly enhanced its growth and operational capabilities with the acquisition of Kentucky-based Block Mining, Inc. for $92.5 million. The acquisition includes $18.5 million in…