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Those plummeting share prices clearly reflect Wall Street's heightened fears that the earnings growth at many of the era's biggest acquirers may not in fact have been as strong as it once appeared —and it certainly can't be kept up.

The main idea of the paragraph

The falling share prices mirror Wall Street’s fear that the earning growth at many biggest acquirers may not have been as strong as it once appeared.

股价的下跌折射出华尔街对许多最大的并购公司其收入增长可能不如原先显示的那么强劲的恐惧。

词语解释

Those plummeting share prices clearly reflect Wall Street’s heightened fears that the earnings growth at many of the era’s biggest acquirers may not in fact have been as strong as it once appeared – and certainly can’t be kept up.
在此句中：
1）Those plummeting share prices clearly reflect Wall Street’s heightened fears是主句
2）that the earnings growth at many of the era’s biggest acquirers may not in fact have been as strong as it once appeared – and certainly can’t be kept up 是同位语从句，说明fears的内容，其中的as it once appeared是比较状语从句，和其前面的as strong一起构成比较。

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