profitless

Fear of rising inflation and recession has driven stock investors toward conservative assets and away from the risky, profitless companies that were the targets of many blank-check mergers.

After his freelancer went missing for five days, Mr. Mitchell decided to stop investing in the profitless channel.

On Monday, Afterpay closed in Sydney up 18.76%, while Square climbed 10.15% in New York, despite the prospect of shareholders being diluted by the new shares to pay for the profitless Australian company.

More often than not, trying to find the balance between the cost to run skinny bundle TV services and keeping monthly subscription prices low results in a path to a profitless future.

“This was a stupid and absolutely profitless crime that has destroyed Mr. Jaafar’s life,” he said.