Despite declining earnings, the high P/E ratio indicates inv...
Despite declining earnings, the high P/E ratio indicates investors anticipate strong future growth and are ready to pay more for the stock. Earnings deterioration doesn't seem to worry investors currently.
![](https://pubimg-10000538.picsh.myqcloud.com/2022050900000199ec990cc001a.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.
Read more
Comment
Sign in to post a comment