Despite Altice USA's recent earnings drop, its high P/E rati...

Moomoo AI Mar 3, 2024 21:24

Despite Altice USA's recent earnings drop, its high P/E ratio persists due to forecasted growth surpassing the broader market. Investors' optimism, undeterred by potential earnings deterioration, bolsters the share price.

Altice USA, Inc.'s (NYSE:ATUS) 35% Jump Shows Its Popularity With Investors

Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates. Read more

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