Last One Inc. had earnings per share of $2.52 in 2014, $3.43 in 2015 and $4.19 in
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Question:
Last One Inc. had earnings per share of $2.52 in 2014, $3.43 in 2015 and $4.19 in 2016.Their net income increased from $951 million in 2014 to $1.17 billion in 2015 to $1.42 billion in 2016.Their net profit margin went from 6.9% to 7.7% to 8.6% in the three-year period. Their stock price has not increased similarly; in fact it has fallen recently.With only this information, explain why the stock price has declined.
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