Yelp's high P/E ratio is seen by investors as justified due ...
Yelp's high P/E ratio is seen by investors as justified due to its growth prospects, hence they're not likely to sell shares. The potential for decreased earnings doesn't significantly warrant a lower P/E ratio.
Yelp Inc. (NYSE:YELP) Not Flying Under The Radar
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
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