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Newbie to investing and never invested in a company that went through a reverse stock split.
In theory, I understand the market value should increase but I’m not seeing this reflected in the price and naturally my book value/ share is very disappointing.
A) When should I anticipate the stock appreciation to occur?
B) What’s the next move for companies that do this? Issue more shares?
TIA!
https://finance.yahoo.com/news/retransmission-hive-blockchain-announces-5-100000300.html
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If you do it like most people you can easily earn between 200$-500$ a week that's usually at about 6 hours a day for me i usually do it after i get off from my night job and stop around the time i need to prepare for morning job. Some people do it full time and make 1000$ a week or higher but they have told me it's Usually 16 hour shifts a day some days you won't even make 50 dollars a night. This isn't even including how much you'll spend on car repairs if you do it consistently for a year at minimum you'll spend almost 3k if you lucky nothing important has to be replaced.
To add on to what others are saying, I personally did DoorDash on a bike down by the university in my city. You'll get a lot of orders within a mile or 2 and a lot of exercise, plus no money goes toward gas. Just be careful depending on where you live, some places are not as kind toward cyclists as AZ.
I doordashed for a couple months whenever I had free time and I would usually go for about 4-5 hours, I stopped because the only orders you make money on you have to drive quite far away and even those uou only make $15 off of them. It isn't worth it since you pretty much pay it all back in gas.
True, money not good😩 Only drive for four hrs bc back hurts ...nobody tips much so hourly pay us about $10-12/hr?
Hey there OP. I have done doordash several times in the past when I needed extra cash. Its not something I do super often but I will say I have done it a couple times and made about an ectra $300 a month. It was pretty easy money where I live.
Your location is going to be a huge factor in that answer. And you don’t necessarily have to be in the busiest area to make some decent side money. I have a friend who is in kind of small area and made some good money, but gas was quite a bit cheaper then too.
Be careful you can only earn 600$ a year before you have to pay taxes, so set aside a large sum of those earnings to pay taxes.
Less than minimum wage
The Doordash market in my city has basically completely collapsed.