Toro's high P/E ratio suggests investors anticipate strong f...
Toro's high P/E ratio suggests investors anticipate strong future growth despite the stock's poor current earnings performance and recent instability. Confidence in the future outlook keeps shareholders comfortable with the high 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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