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A comment on Ask HN: How likely are we to see a financial crash this year?. Parent comment

Re:Ask HN: How likely are we to see a financial crash this y... by onlyrealcuzzo on Wednesday March 23, 2022 @12:19PM (#30780074)
It didn't matter that they missed user estimates for 1 quarter. It mattered that their growth forecast went from close to 30% to 3% (over a medium term horizon).

Your P/E drops precipitously when your future growth drops precipitously.

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