1 Growth Stock Down 65%: Is It a Once-in-a-Generation Investment Right Now?
Shopify(SHOP) fool.com·2024-05-20 00:05
Investors weren't pleased with the latest financial update that Shopify's management provided.With the Nasdaq Composite Index in record territory, you might be thinking that most stocks are also near their all-time highs. But this just isn't the case.Take Shopify (SHOP 1.25%). As of May 15, the leading e-commerce platform's shares are currently 65% below their peak, which was established in November 2021. It doesn't help that Wall Street hasn't been pleased with the company's recent financial updates.Does t ...