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Here's why Shopify stock flew 25% higher this week. Solid growth, expanding margins. In the second quarter of 2024, Shopify's revenue grew 21% to $2 billion. This was driven by more spending on ...
The last 12 months have been volatile for Shopify's (NYSE: SHOP) investors. At one point, the stock traded at a low of $45.50, but it then doubled in the next few months to reach $91.57.
That said, Shopify has fallen out of favor with investors over the past few years. The stock peaked in 2022 thanks to pandemic-fueled growth, but it has tumbled over 60% since then. As bearish as ...
August 7, 2024 at 12:53 PM. Shares of Shopify (NYSE: SHOP) surged today after the e-commerce software leader posted strong results in its second-quarter earnings report. The company beat estimates ...
Shopify stock trades at a price-to-sales ratio near 12, which is close to its average over the past two years. Its forward P/E ratio is 52. Investors with a long time horizon and a stomach for ...
Less than two weeks into 2022, financial markets have already seen their fair share of turbulence. As the omicron variant continues to spread, companies are forced to adapt and prepare for more ...
August 12, 2024 at 4:10 AM. 2024 has been a tale of two quarters for Shopify (NYSE: SHOP). The e-commerce company's stock tanked in May after it reported first-quarter results. Analysts were ...
Shopify stock has been a great long term winner, but it hasn't always been smooth sailing. From 2016 to 2022, shares rose 5,200% in value. Since those highs, however, the shares have fallen by ...
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