It's called Fartcoin. It's totally useless. So why is it now worth $700 million? [MSNBC.com]
The ODP Corporation (ODP)
Last the odp corporation earnings: 2/26 06:50 am
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Source: MSNBC.com
Yes, it’s called Fartcoin. Yes, it is totally useless.And yes, it has nevertheless tripled in value over the past week to a market capitalization of more than $700 million — about equal to those of Office Depot, Guess jeanswear, and the parent company of Steak N’ Shake.The carnival-casino era of cryptocurrencies has come back with a vengeance, riding a broader wave of investment in bitcoin that was itself spurred by the election of Donald Trump. It’s minting millionaires while potentially harming others — yet everyone, even the losers, seem to be in on the joke.The wave of “memecoiners” is a mix of longtime bitcoin holders and people simply desperate to change their fortunes in an era of sky-priced homes and equities, according to Toe Bautista, research analyst for GSR, a decentralized finance group. While many memecoin traders, flush from gains thanks to bitcoin’s 130% increase this year — 50% of which has come since Trump’s election last month — are simply “moving down the risk cur
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News
- Memecoins like Fartcoin are riding Trump's victory to huge valuations. Experts say it may have only begun. [Yahoo! Finance]Yahoo! Finance
- Is Trending Stock The ODP Corporation (ODP) a Buy Now? [Yahoo! Finance]Yahoo! Finance
- Verizon Communications (NYSE:VZ) Appoints Schulman as Lead Director, Affirms Dividend Despite Challenges [Yahoo! Finance]Yahoo! Finance
- Office Depot Announces a New Agreement with Verizon for Select Retail LocationsBusiness Wire
- The ODP Corporation to Present at the Noble Capital Markets’ Twentieth Annual Emerging Growth Equity Conference Tuesday, December 3rd, 2024Business Wire
ODP
Earnings
- 11/6/24 - Miss
ODP
Analyst Actions
- 11/7/24 - UBS
ODP
Sec Filings
- 12/19/24 - Form 3
- 12/12/24 - Form 8-K
- 11/14/24 - Form SC
- ODP's page on the SEC website