Birdwatch Note Rating
2024-06-12 01:55:39 UTC - HELPFUL
Rated by Participant: 59CDD2BF127FCA6103C930FA4E2E7DBDA33DD14248A432C62EEE30535BBD67BA
Participant Details
Original Note:
The math is wrong. Kevin uses an old shares outstanding figure from March (305M) which does not account for the newly issued shares (426M) shares outstanding. At today's price of $30.49, the market cap is $13.0B. With $4B cash, the P/C ratio is 3.25. https://www.sec.gov/Archives/edgar/data/1326380/000119312524156636/d614527d424b5.htm
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