moolalah : While this doesn't sound like positive earnings, yet the stock is moving up. Not complaining but can anyone shed some light? https://www.moomoo.com/news/post/6839766
R and R OP moolalah : If you are referring to the 4.8bil vs 900+ mil losses, thats non-GAAP, meaning it exclude share based compensation and one time cost. So yes, it lost more than last year, probably because it need to capture market share
moolalah : While this doesn't sound like positive earnings, yet the stock is moving up. Not complaining but can anyone shed some light? https://www.moomoo.com/news/post/6839766
R and R OP moolalah : If you are referring to the 4.8bil vs 900+ mil losses, thats non-GAAP, meaning it exclude share based compensation and one time cost. So yes, it lost more than last year, probably because it need to capture market share