Despite disappointing revenue growth, Illumina's future pros...

Moomoo AI Dec 19, 2023 04:36

Despite disappointing revenue growth, Illumina's future prospects keep investors hopeful and willing to pay a high P/S ratio. Assuming stable future revenues, the share price isn't expected to drastically fall soon.

Illumina, Inc.'s (NASDAQ:ILMN) 37% Jump Shows Its Popularity With Investors

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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