2019-3-6 14:59 |
There was a point in time when blockchain was the cool kid, everyone wanted to be seen with them. So much so, some companies saw a 500-percent increase in share price, just for adding blockchain to their name.
But it seems those times have come to an end. Case and point: when Long Island Tea Corp. changed its name to Long Blockchain in 2018, its stock price jumped 500 percent at its highest point. But when another tea maker, Ping Shan Tea Group, did the same thing, it hardly affected the value of its stock. The Hong Kong-based traditional tea…
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