Innovid's high P/S ratio is justified by its strong future r...
Innovid's high P/S ratio is justified by its strong future revenue growth. Shareholders' confidence in the company's future revenues is keeping the P/S high. Strong revenue forecasts should maintain the share price, unless analysts have significantly misjudged.
Revenues Tell The Story For Innovid Corp. (NYSE:CTV) As Its Stock Soars 30%
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
Comment
Sign in to post a comment