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Moomoo AI Mar 16, 2024 06:46

Investors' belief in the company's strong revenue growth out...

Investors' belief in the company's strong revenue growth outperforming the industry may explain the high P/S ratio. Shareholders are confident in the company's revenue, supporting the share price, provided the company's profitability doesn't significantly change.
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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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