2019’s IPO profit problem, Restoration Hardware plummets 22%, and Brexit’s “big” day
The Best One Yet
Nick & Jack Studios
4.6 • 9.8K Ratings
🗓️ 1 April 2019
⏱️ 16 minutes
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| 0:00.0 | This is Nick, this is Jack, and this is Snacks Daily, it's Monday, April 1st, and this is |
| 0:07.2 | the best Snacks daily we've done in April. |
| 0:09.9 | We love it. |
| 0:10.9 | It was also the best corner for stock markets in 10 years Nick, just ended up frantic. |
| 0:15.2 | A lot of bests going around. |
| 0:16.7 | Now Jack and I jumped in, we found three wonderful stories for you guys over the weekend. |
| 0:20.8 | This is what we commit our weekends do. |
| 0:22.5 | First of all, 2019 is the year of the tech IPO. |
| 0:26.3 | The gift just showed us its key theme, which is that investors want unprofitable companies. |
| 0:32.1 | It's weird, it's a little bit crazy, but unprofitability has become a right of passage. |
| 0:37.8 | Our second story is Restoration Hardware. |
| 0:40.1 | This bougie furniture company, its stock dropped 22% friday, even though it's unique, counterintuitive |
| 0:46.2 | strategies kind of work. |
| 0:47.8 | Guys, this stock is now more affordable than basically anything they sell there, which is |
| 0:51.8 | a wonderful thing. |
| 0:52.8 | Finally, friday was the big day for Brexit. |
| 0:56.0 | It was supposed to leave the European Union and guess what? |
| 0:58.4 | It didn't happen. |
| 1:00.0 | Instead, you got more failed politics. |
| 1:01.8 | We're going to break down the three options since Brexit day didn't have a Brexit. |
| 1:06.2 | Here's what's going to happen next. |
| 1:07.5 | Now, before we jump into that, we got to talk about a norm core, like normal hardcore |
... |
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