![]() It is them, the company, selling something to us, the investors. The point we really want to make here though is that about an IPO. Some believed it for a bit perhaps but clearly not all that many for all that long. VS Media Holdings stock price from Google Finance ![]() On Wednesday, the company announced its expansion into Macau through a partnership with partnership with MLink Limited, a Macau-based company providing hospitality services to visitors.” Benzinga being the sort of place we might get such announcements too. A soaring post-IPO price buoyed up by releases about how lovely things are going to be? Well, we guess we could be that cynical.Īnd we might even think that’s the plan too: “VS Media Holdings, a Hong Kong-based company managing a global network of digital creators on social media platforms such as YouTube, Facebook, Instagram, and TikTok, announced the closing of its IPO of 2 million ordinary shares priced at $5 per share on Monday. So we’ve something vaguely digital and Far East and it’s going to be worth a fortune, right? Like AMTD and TOP Financial. The company was founded in 2013 and is based in Kwun Tong, Hong Kong.” Oh, right. Selling something for more than it’s worth after you’ve sold it is a success.Īs to what actually happens at VS Media: “VS MEDIA Holdings Limited, an investment holding company, operates a network of digital creators who create and upload content to social media platforms, such as Facebook, YouTube, Instagram, and TikTok. But it’s a great success for the company. It’s a problem for, a failure for, those who bought into the IPO, sure. ![]() Which is the wrong way around to think of these things. It’s possible to see this VSME price change as a horrible failure for the company. VS Media Holdings (NASDAQ: VSME) stock is down 50% and change.
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