Menu Close

$400,000,000 —> Toilet

As you well know, when a company dumps a fortune into naming a stadium, that’s usually a sign of impending doom (perhaps you’ve visited the Enron Stadium in Houston recently?) The latest of these was Sofi, which got a boost in attention thanks to the SuperBowl. They spent $400 million to slap their name on the place.

How shall I put this in two words? I think “lifetime lows” will do. I also daresay this will keep carving its way down to penny-stock-land.

Discover more from The Wall Street Examiner

Subscribe now to keep reading and get access to the full archive.

Continue reading