Despite a revenue downturn, the company's stock is being tra...
Despite a revenue downturn, the company's stock is being traded at a high P/S ratio due to investor optimism. If this optimism is misplaced amidst ongoing revenue declines, a significant drop in share price could lead to substantial investor risk.
Risks Still Elevated At These Prices As Matrix Holdings Limited (HKG:1005) Shares Dive 42%
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