Is Shopify Stock a No-Brainer Buy Below $100?
Shopify(SHOP) The Motley Fool·2024-10-27 21:45
The company keeps putting up strong growth numbers. That doesn't necessarily make the stock a buy. Shopify (SHOP -0.96%) stock has gone on a wild ride over the last few years. Coming out of the worst of the pandemic, shares shot up over 400% due to the huge growth in demand for its e-commerce software and payment tools. Then, shares went in a sharp drawdown that approached 90% when the pandemic e-commerce boom ended. Today, the stock is up 55% in the last 12 months but still off significantly from highs set ...