They don't, unfortunately. Just look at PCLN, CMG etc etc. At some point, something may happen but even with bad news, drops are only a blip.
Should be at 1175 by Friday, 1100 the following week, if there is any justice. Really worth about $500 if you think about it.
GOOG, PCLN, NFLX etc. are on unsustainable, irrational rises for this reason only, no other. Big fall coming once people see no foundation for such daily rises.
No skin in game, just watching. This is a runaway train whose track will end. A near 500% gain in a year. Don't think sustainable, frankly, regardless of how good the car is, is just a car with competition coming.
Makes no sense, absolutely none that this travel site can be worth this kind of $$. But, it is what it is.
Nobody can know that. The market is crazy and spikes these social media outlets to absurd values. Put it this way, like all fads, this too will return to a base value, just unknown when.
and one no one yet has answered accurately is, how companies like QIHO will make money. Are there enough advertisers to spread around to all these fledglings to justify 200-300% stock price increases from Chinese people who are just beginning to move into the workforce?