News Formal

Older tech companies among the more reasonable stocks right now, says NYU Stern's Damodaran

  • 📰 CNBC
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 72%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

'The younger tech companies, I think, are being corrected, and I think legitimately so because, I think, they had such a great run up that it was just a matter of time before they corrected,' says NYU professor Aswath Damodaran on tech stock valuations.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

I believe he is correct, next will be that “cat bounce back”. Get your helmets on. I feel a rush back up coming back soon

When will CNBC realize many people do not have the time to watch these videos. Most can read it in one-fifth the time. Therefore, most don't waste time watching them. Its not time efficient.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Finance professor Damodaran says Netflix's big-spending business model can't lastCan Netflix keep up growth with its current business model? This NYU finance professor doesn’t believe the company can sustain its pace as new subscribers are being trained to “expect 20, 25 new shows every year.'
Source: CNBC - 🏆 12. / 72 Read more »