Despite a high P/E ratio, shareholders hold onto the stock, ...
Despite a high P/E ratio, shareholders hold onto the stock, likely due to the company's bright future. The strong earnings outlook contributes to the high P/E, with shareholders confident in future earnings stability. The share price is unlikely to drop significantly soon under these conditions.
![](https://pubimg-10000538.picsh.myqcloud.com/2022050900000221b2b670de0cd.jpg)
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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