[bcrescimanno]

I'd share your surprise; but, I sometimes question if they believed it themselves. I've spent the last 15 years in public companies and if there's one thing "The Street" demands, it's growth upon growth. The context of a pandemic being a once-in-a-lifetime event is meaningless. Your business experienced record growth and we expect you to continue that trajectory of increased growth no matter what--so get to investing for it!

[xapata]

Also, it might have been defensive. If competitors are burning money, you might feel like you need to keep up, even if it's not the ideal trajectory.