tyrus6
Sep 10, 11:12 PM
$FUTU
What a screwed-up market.
There is nothing wrong with this company that share sellers at this rudiculously low price level couldn't fix -- by getting their heads outta their asses, and NOT selling!
# #
Q: Since 8/26 FUTU holdings stock has gone from
$128 per share to
$113. Calculate: how much revenue and net income has FUTU made in that time?
ChatGpt:
"So, while FUTU's stock fell from roughly
$128 to
$113, the company itself likely generated approximately
$163 million of revenue and
$96 million of net income during those 16 days, assuming Q2's earnings rate continued.
That's an important way to look at the selloff:
Stock price: −11.7%
Business activity over the same period: roughly
$163M additional revenue /
$96M additional profit.
And that's based on reported Q2 economics, not an optimistic future projection. Q2 net income itself was up 41.6% year over year."
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