RE:RE:EXACT SCIENCES COMPLETES ACQUISITION OF THRIVELithLover wrote: Makes no sense that we would be sitting at a market cap of $44 million.
Exact Sciences Corp. (Nasdaq: EXAS) and Thrive Earlier Detection Corp. ("Thrive"), a healthcare company dedicated to incorporating earlier cancer detection into routine medical care, today announced they have entered into a definitive agreement under which Exact Sciences will acquire Thrive for cash and stock consideration of up to $2.15 billion. InvestManOne wrote: EXACT SCIENCES COMPLETES ACQUISITION OF THRIVE EARLIER
DETECTION, CREATING A LEADER IN BLOOD-BASED, MULTI-CANCER SCREENING JAN 5, 2021
https://money.tmx.com/en/quote/EXAS:US/news/6819844710375101/Exact_Sciences_Completes_Acquisition_of_Thrive_Earlier_Detection_Creating_a_Leader_in_BloodBased_MultiCancer_Screening
look at Tesla market cap.....makes no sense? Remember the stock evaluation is based on actual demand and supply of the shares.....bid and ask........when a stock is in demand the valuation goes up no matter if they make money or not, no matter if they have debt or not, no matter if they have revenu or not...it's always at the end the demand and supply of the shares that determine the shareprice!!!