The Latest Breaking News from SHOP

E-commerce company Shopify’s (SHOP) recent acquisition is expected to boost its operating capability. However, on the other hand, the company is planning to lay off 10% of its employees, citing the ongoing macroeconomic headwinds. So, is SHOP a good bargain now? Let’s find out….

As many economists are lowering their GDP forecasts for the second quarter, market uncertainties are anticipated to rise. Therefore, we think these high–volume fundamentally weak stocks, Shopify (SHOP) and Snap Inc. (SNAP), with poor growth attributes, are best avoided now. Continue reading.

A whale with a lot of money to spend has taken a noticeably bearish stance on Shopify. Looking at options history for Shopify (NYSE:SHOP) we detected 19 strange trades.

Concerns over the rising macroeconomic headwinds have led to a massive market sell-off over the past couple of months. This has led to once investor favorite stocks, Shopify Inc. (SHOP), Block, Inc. (SQ), and Roblox Corporation (RBLX), dropping more than 50% year-to-date. However, given the increasing odds of a recession…

Shopify (SHOP) dropped 16.7% in June as it struggled with falling consumer spending amid the surging inflation. With rising recession fears and an expected decline in consumer spending, is the stock due for further price decline, or can it survive the challenges and rebound? Read on to learn our view….

Shopify Inc (NYSE: SHOP) shares are trading higher Tuesday amid a drop in yields. 

JMP Securities analyst Andrew Boone initiated coverage on Shopify Inc (NYSE:SHOP) with a Market Perform rating. Shopify is a leading commerce platform that entered a significant investment cycle as it offers fulfillment services to merchants, which he believed will limit margin expansion and free cash flow generation.  He believed Shopify offered a best-in-class commerce service and expected…

Amid the stock split trend, irrespective of whether Shopify (SHOP), MercadoLibre (MELI), and Doximity (DOCS) are undergoing a stock split in the near term or not, these stocks aren’t well-positioned to survive the market slump. So, they are best avoided now. Let’s discuss….

Shopify (NYSE:SHOP) has outperformed the market over the past 5 years by 19.39% on an annualized basis producing an average annual return of 28.79%. Currently, Shopify has a market capitalization of $39.39 billion.