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A comment on YDB – An open-source Distributed SQL Database. Parent comment

Re:YDB – An open-source Distributed SQL Database by VWWHFSfQ on Tuesday April 19, 2022 @10:21AM (#31083516)
What. They are absolutely not a "huge beneficiary from the war".

The value of the company has plummeted and the only reason it isn't nearly worthless is because the stock can't be traded anymore.

[ Parent | on HN ]
Re:YDB – An open-source Distributed SQL Database by repsilat on Tuesday April 19, 2022 @10:29AM (#31083631)
Yandex is traded on the MOEX. It's priced around 1800 roubles/share, down from a pre-war high of around 6k and pre-COVID levels of around 3k.

Beaten down, but not "nearly worthless", and it is traded. (Not on the NASDAQ though.)

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Re:YDB – An open-source Distributed SQL Database by VWWHFSfQ on Tuesday April 19, 2022 @10:32AM (#31083669)
Oh I guess I didn't realize that Russia re-opened their stock exchange. Does anybody actually trade on it?

Also

> 1800 roubles/share

This is nearly worthless

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Re:YDB – An open-source Distributed SQL Database by repsilat on Tuesday April 19, 2022 @10:14PM (#31092001)
Russians trade on it. Maybe they do have an overly rosy view of the company's fortunes, I dunno -- I don't know much about their business, how sensitive it is to the conflict and sanctions.

The stock price movement is easier to reason about, I guess. By that metric they've had a worse year than Salesforce, Netflix, Uber, Google. I'd agree that the conflict isn't good for them, but "worthless" is a bit strong for my palate.

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Re:YDB – An open-source Distributed SQL Database by krab on Tuesday April 19, 2022 @10:36AM (#31083715)
The ban on selling shares by foreigners is probably still in place. So the price might be somewhat overestimated.
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