Their members increased by 105,300 QoQ! From 222,700 to 328,000.
Thanks for posting this, Richard! It got me to take a quick look (even during the AYX frenzy) at the LVGO report. I couldn’t figure out why it didn’t spike immediately on such a report, so I grabbed some shares. (I had actually owned LVGO previously – I sold a couple months ago at roughly half the price I bought it back for. My portfolio is up a lot since then so I’m not too bummed missing out.)
LVGO keeps proving the hyper-growth can continue, so I’m slightly more comfortable with it than I was before. Still a small position for me (about 3%) but I think I’ll keep it this time! I continue to see it as a lower conviction position, despite great results, just because it’s not quite as clean of a business model as some of our others. But all congrats to the LVGO team – they’re definitely doing some good and they might just be “what the doctor ordered” (no pun intended) for these times we’re in.
Bear