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Ubiquiti Inc. (UI): A Bear Case Theory 

We came across a bearish thesis on Ubiquiti Inc. on Hunterbrook’s Substack. In this article, we will summarize the bears’ thesis on UI. Ubiquiti Inc.'s share was trading at $548.24 as of February 4th. UI’s trailing and forward P/E were 43.55 and 40.00 respectively according to Yahoo Finance.

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Ubiquiti Inc. develops networking technology for service providers, enterprises, and consumers in North America and internationally. UI, a $34 billion...