Wow they have cash on hand and are going to print 1 billion dollars in shares to further dilute shareholder equity.
Tech stocks suck in general, they are poor longterm holdings.
They are profitable with cash. They should reward shareholders with a dividend or buyback. But then Tech stocks are probably the most anti shareholder friendly sector of the market.
Tech stocks suck in general, they are poor longterm holdings.
They are profitable with cash. They should reward shareholders with a dividend or buyback. But then Tech stocks are probably the most anti shareholder friendly sector of the market.