Despite falling earnings, the firm's high P/E ratio indicate...
Despite falling earnings, the firm's high P/E ratio indicates investor optimism. However, continued earnings decline could risk a share price drop and a lower P/E ratio, endangering shareholders' investments and potential investors paying a high 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.
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