Shopify: Strong Returns Still Ahead, Buy Before It's Too Late
SHOPShopify(SHOP) Seeking Alpha·2024-08-16 18:29

JHVEPhoto Shopify (NYSE:SHOP) stock jumped by over 22% on the day it reported earnings last week, surprising investors with the incredible strength of its e-commerce business, despite most competitors delivering underwhelming results, citing economic weakness. The commerce giant proved its ability to continue adding new merchants at higher subscription prices, while also offering the best-in-class software platform to enable merchants to thrive, even with consumer spending trends weakening across the econom ...