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Despite Dropbox's declining earnings forecast, its P/E ratio...

Despite Dropbox's declining earnings forecast, its P/E ratio remains consistent with most companies, indicating investors' reluctance to sell their stock. However, if conditions don't improve, these prices may not be sustainable, risking a share price decline.
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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