Despite Fastly's share price drop, its P/S ratio is still hi...
Despite Fastly's share price drop, its P/S ratio is still higher than most industry peers. Investors overlook average growth expectations, paying a premium for the stock. However, the high P/S ratio isn't justified by future revenue predictions, necessitating a positive change.
Fastly, Inc.'s (NYSE:FSLY) 27% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio
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