The high P/S ratio and ongoing negative growth rates of Newe...
The high P/S ratio and ongoing negative growth rates of Newegg Commerce could spell future disappointment for investors. Unless conditions improve, the current share price may be challenging to accept as fair. Also, there are two warning signs to consider.
Optimistic Investors Push Newegg Commerce, Inc. (NASDAQ:NEGG) Shares Up 40% But Growth Is Lacking
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