Shopify: Likely Fairly Valued (Rating Downgrade)
Shopify(SHOP) Seeking Alpha·2024-11-16 05:12
Shopify Inc. (NYSE: SHOP ) reported better than expected third fiscal quarter results on Tuesday that showed that the e-Commerce company continues to execute well in its core market for online stores. Shopify beat top line estimates and submitted aAnalyst’s Disclosure: I/we have a beneficial long position in the shares of SHOP, AMZN either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than ...