Someone explain to me: how do tech stocks lose money and trade high?
I’ve noticed a few stocks on here , the particularly high growth ones. $Cloudflare(NET.US$ , $CrowdStrike(CRWD.US$ , $Unity Software(U.US$ , $Matterport(MTTR.US$ , $Block(SQ.US$ , To name a few . many of these companies were once trading at high multiples , some still are yet most of these are losing more and more money yoy, why is that?
Why invest in a company that just loses more money as it grows?
When are these losses expected to stop?![]()
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BeContrarian : They have lots of bagholders...
thunderhearts : stocks traded for future cashflow not current loss. Many people hope in few years these tech will be like next apple or Microsoft, so they giving huge premium price.
desu Wang Life : Today crowdstrike turn to bleeeeed