Vimeo to be acquired by Bending Spoons (a.k.a. it's on life support)
https://www.tipranks.com/news/company-annou...
Vimeo
VMEO
NASDAQ
IPO2021
about VMEO
Vimeo is a video hosting platform offering tools for creating, sharing, and monetizing videos, catering to creators, businesses, and organizations.
| type | open | high | low |
market cap |
volume |
|---|---|---|---|---|---|
| stock | $7.78 | $7.81 | $7.78 | $1.31B | 1.26M |
| eps |
price to earnings |
price to sales |
operating margin |
profit margin |
yield |
| -$0.01 | 130.33 | 12.04 | -4.34% | -2.21% | 0% |
Not a good sign when they've rebranded as the "AI-Powered" video platform...