This is the kind of bullshit that happens when a public company needs to increase its already insane revenue to please shareholders.
If humans would just be comfortable with major profits instead of demanding endless profits, we'd have nicer things.
@wndlb Sure, but those analysts listen to the stockholders.
And yeah, no kidding it's a sell. I'd sell Burger King stock if they announced they were starting a streaming platform.
Companies need to learn to stick to what they're good at.
@LouisIngenthron Here you go: QSR is down 0.35% to $62.67. Check it out on Yahoo Finance https://finance.yahoo.com/quote/QSR?p=QSR 😁😎🙄
@LouisIngenthron Not so sure it is humans, but rather the analysts on the quarterly call. Which is one of the only times that the Executive Team is treated like normal humans are: criticized, derided, even mocked.
Btw, $NFLX has a p/e of 30, trading at the midpoint of its 52-week range, and is rated a hold, which translates to SELL in regular, plain American.