new jersey deli worth 100 million
A company that owns a single deli in south New Jersey became worth more than 100 million on the stock market in recent months. In New Jersey a small-town deli with an inexplicable market cap of 100 millionand viral fame as an example of stock market excess and insufficient regulatory oversighthas filed with the SEC to merge with hemp-based plastic company Makamer.
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The 100 million deli that was highlighted in famed investor David Einhorns letter to clients earlier this month is actually seeking to strike a.
. The deli as of today is valued at more than 100 million. In a small town in New Jersey there is a deli just a little sandwich shop. The pastrami must be amazing hedge fund manager David Einhorn joked while highlighting the stock.
Theres a link to RU as well as Duke and Vandy. 8 for a market cap of 113 million. Back in April a tiny New Jersey -based deli made headlines after it was valued at 100 million on the stock market and now we know why.
That 100 million New Jersey deli sold just 5305 worth of food in first quarter of 2021. Its CEO is high school wrestling coach Paul Morina. In New Jersey a small-town deli with an inexplicable market cap of 100 millionand viral fame as an example of stock market excess and insufficient regulatory oversighthas filed with the SEC to merge with hemp-based plastic company Makamer.
I ate lunch at NJ. Your Hometown Deli a modest delicatessen based in Paulsboro New Jersey is the single asset of Hometown International Inc a food service supply company. But according to the stock market this one deli is.
Deli supposedly worth 100 million. Published Mon May 24 2021651 PM EDT Updated Tue May 25 20211020 AM EDT. In a normal non-silly world such a company probably wouldnt even be public let alone worth anything on Wall Street.
The 100 Million Deli In a small town in New Jersey there is a deli. Hedge fund manager David Einhorn warned of dangers for retail investors that he sees in the. The valuation is.
The delis NC-based parent company Hometown International has a market capitalization of 100 million. Hometown Internationals stock has soared over the past year giving it a market capitalization of a 100 million or more despite sales at its Paulsboro New Jersey deli of only about 35000. And according to the stock market this one deli is worth roughly 100 million and it.
Hometown International which has a bizarre 100 million stock market capitalization despite owning just one small deli in New Jersey disavowed that valuation in a new financial filing Friday. Anyway as Einhorn says the stock got as high as 1450 on Feb. Just a little sandwich shop.
The delis parent company Hometown International whose operations consist entirely of the single New Jersey deli is a publicly traded company valued at nearly 100 million. Hometown Deli in Paulsboro caused shock waves on Wall Street when it was revealed its parent company Hometown. Last year the Your Hometown Deli only made 13976 in.
So hows the food. This is not a fully satisfying explanation or anything. Hometown International has a market valuation of 100 million despite owning one deli in New Jersey.
A single deli in a small New Jersey town is valued at over 100 million on the stock market. Hometown owner of a single deli in Paulsboro New Jersey recently attained a market value in excess of 100 million despite booking just over 35000 in combined sales over the past two years. Theres a single New Jersey deli doing 35000 in sales valued at 100 million in the stock market.
Hometowns eye-popping market cap cant be explained by its sales. The delis owner Hometown International first came to public attention in April 2021 when hedgie David. Not 100 million worth of valuable.
Your Hometown Deli in Paulsboro New Jersey aka. Anyone following this Paulsboro Italian Specialties deli story. Heres my 2 cents.
The 100 million deli is the only listed asset of a corporation worth 100m on paper. But since we live in a cartoon Hometown International currently has a market valuation.
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