As it always happens. It has been a rough time since IPO for the renowned music streaming service. It’s hard to estimate the “true” value for a company like that. While everyone was ecstatic when it only become listed. The biggest and only one music service on the market.
Now what we see is when people realize that it also should bring profit. And now what we see...
NASDAQ:YNDX Looks undervalued. Big gap in price vs stock performance & fundamentals. Btw looks like they were aiming for more long term results last quarters. Strong buy on breakout!