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Despite DoubleDown Interactive's share price surge, its high...

Despite DoubleDown Interactive's share price surge, its high P/S ratio and weak revenue forecasts are concerning. Investors may face disappointment if the P/S falls to match the growth outlook. The predicted revenues may not sustain the current positive sentiment, risking shareholders' investments and potential investors paying an excessive premium.
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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