How human evolve to make things that we never knew we need is amazing. This is another device that depletes resources on Earth. If u own an iPhone, it tracks your sleeping habit too. Why need another specific device todo that?
Many might be waiting for the good news ofa merger so that the price of Huya can rocket. How will news of a failed merger affect the stock price of Huya in the long run? Currently it is at an attractive price point. But is it a good stock to buy still?
Other than the rocketed price per share, reasons why I will not invest is that the company’s only strength at the moment is their asset. There is no dividend and no growth. It’s revenue, gross profit and operating profit had decreased over the last 12 months. The free cash flow is negative and still going lower.