Investors appear to be betting on the company's strong futur...
Investors appear to be betting on the company's strong future growth, hence the high P/E ratio. Given the superior earnings outlook, investors do not foresee a significant downfall in share prices under current circumstances.
Live Nation Entertainment, Inc.'s (NYSE:LYV) Earnings Haven't Escaped The Attention Of 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
Comment
Sign in to post a comment