Business
Square-Afterpay deal: Why few stocks stir emotions like Afterpay – The Australian Financial Review
Not many stocks have divided investors the way Afterpay does. But beyond the emotional responses is a lesson about keeping an…
They immediately seized on the fact Square is paying 40 times revenue for a business that has never made a profit not a real one and predicted Square would regret its takeover. (Never mind Afterpay traded on 40 times revenue back in 2016 too, when it was…
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