Despite poor earnings, the high P/E ratio indicates investor...
Despite poor earnings, the high P/E ratio indicates investors expect a business turnaround. Continued poor earnings could risk shareholders and potential investors, possibly leading to a share price decline.
![](https://pubimg-10000538.picsh.myqcloud.com/2022050900000290b150965418f.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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