Allbirds' P/S ratio is worrisome due to its falling revenue ...
Allbirds' P/S ratio is worrisome due to its falling revenue and industry growth expectations. The current ratio indicates investors might be overpaying for the stock, which isn't justified given the revenue forecast. This decline in revenues could negatively affect future share prices.
Allbirds, Inc. (NASDAQ:BIRD) May Have Run Too Fast Too Soon With Recent 28% Price Plummet
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
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