Too many problems and doesn't see growth. Prefers Doordash.
Stock price when the opinion was issued
They raised their IPO price (happening next Monday) after the success of Arm's IPO this week.
Their Q2 report: +15% total revenue and 89% adjusted EBITDA YOY, beating the street, plus delivered robust guidance. That said, he remains wait and see with this new public company, because still prefer buying groceries like meat in person.
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Middlefield Capital Ltd.
Too many problems and doesn't see growth. Prefers Doordash.