Despite Newegg Commerce's share price surge, its declining r...
Despite Newegg Commerce's share price surge, its declining revenue and industry's projected growth may make its current P/S ratio seem unjustified. Unless conditions improve significantly, investors may struggle to see the share price as fair value.
![](https://pubimg-10000538.picsh.myqcloud.com/2022050900000245dfe0ca97768.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.
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