$VMEO Stock Update

Vimeo is a new stock we are watching as it got spun off of IAC.

The stock was doing well on initial IPO/spin off but it had seen some poor progress in the past few months. As a subscription service it’s main metric is in determining growth is subscriber growth, which has dwindled down in recent months.

Although it’s dropped since it’s IPO we are about breaking even on it. I would like to see how it continues to trend as we head into fall/winter with delta to see if that ends up spurring a high growth, and ramp up some value.

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