The company's high P/E ratio is due to investors' expectatio...
The company's high P/E ratio is due to investors' expectations of strong future growth, which they are willing to pay a premium for. The potential for earnings deterioration is not deemed significant enough to justify a lower P/E ratio.
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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