Why Angie's is Worth more than Kayak
Kayak is making money. .82 cents a share. Anyone who really understands Angi's knows that a great market leader like Angie needs to lose money to build a strong future. How can a company that makes money the way Kayak does, possibly expect to command the kind of valuation of a company like Angi's that is so well managed it successfully hemorages money. Investors need to understand and appreciate the new pardigm. Making money is no longer relevant to evaluation of a stock market company. Look how the share price jumped when Angi's posted a nice loss.
Investors need to change with the times and go with the best money loser's they can find. Angi's is a non pareil cashless cow.