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10 times in one day! Is the Malaysian digital payment company a monster again?

  • joy
  • 2022-08-24 13:38:56
  • 306 read
The stock market is sometimes not something ordinary people can grasp. Some people make a fortune in it, and som...

The stock market is sometimes not something ordinary people can grasp. Some people make a fortune in it, and some people spend their wealth in it, and the number of the latter far exceeds the former. Previously, CNMO reported that a college student studying at the University of Southern California first raised a lot of money, then bought a home furnishing stock, bought low and sold high within a month, making a full profit of 110 million US dollar, equivalent to about 750 million yuan. Recently, CNMO has noticed that another special stock has appeared in the US stock market, which is the Malaysian digital payment company Starbucks Group.

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  It is reported that the company StarBox Group rose 1,000% on the first day of its IPO in the United States, reaching a maximum of $46.21 a share, and then fell back. Currently, the company's stock is trading at $33.27 a share. Compared with the time of issuance, it has increased by more than 7.3 times, and the total market value has also reached about 1.5 billion US dollars (approximately equivalent to 10.25 billion yuan).

  It is reported that Starbucks Group was established in 2019 and is headquartered in Kuala Lumpur, Malaysia, providing a local cash rebate payment program. At present, almost all of the company's business is only developed in Malaysia.


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