Re:Since becoming Meta, Facebook’s parent company has lost U...
by bluedevil2k on Friday October 28, 2022 @10:56PM
(#33380552)
> the market believes profits will cut in half and then stabilize.
This isn’t true. The market believes Meta will still grow, just slower than before. If they believe growth is zero, as you indicate with “stabilize”, their PE ratio will plummet even further.
This isn’t true. The market believes Meta will still grow, just slower than before. If they believe growth is zero, as you indicate with “stabilize”, their PE ratio will plummet even further.