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Despite lower earnings, the high P/E ratio persists due to f...

Despite lower earnings, the high P/E ratio persists due to forecast growth outpacing the broader market. Investors see limited risk of earnings deterioration to warrant a lower P/E ratio. Share price isn't anticipated to drop significantly soon.
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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