ComparisonMotley Fool was promoting NPI for a long time. Then recently made this comparison.
The Best- and Worst-Performing Stocks of 2023 So Far | The Motley Fool Canada Yet Shopify dropped from $200 to $40 in 2022. Those who bought in at $200 are feeling it. On the other hand, NPI is less volatile, however, $50 buyers are also feeling it.
If consider only 2023, SHOP looks great and even so from 5 years ago. But if narrow the timeline from early 2022 to now, it's down bigtime.
Financials to be released this week for NPI. Core reveues will be as usual, but derivative contract performance is the unkown. The reporting of such gains and losses (except in footnotes) until profits/losses are actually realized, is debateable ,as it can distort EPS, as seen in 1st Q comparisons. But those are the GAAP accounting practices.