Up 800 percent – the hangover is here
Sivers Semiconductors has surged more than 800 percent, but the quarterly report shows tripled losses and falling revenue. A pipeline of prospective deals is not the same thing as revenue.
Sivers Semiconductors has surged more than 800 percent, but the quarterly report shows tripled losses and falling revenue. A pipeline of prospective deals is not the same thing as revenue.
Swedish semiconductor company Sivers Semiconductors has surged over 2,400 percent after being discovered by WallStreetBets – making it Sweden's first international meme stock, and setting it up for a potentially brutal fall.