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Shopify Subordinate Voting Ord Shs Class A T.SHOP

Alternate Symbol(s):  SHOP

Shopify Inc. (Shopify) is a Canada-based global commerce company. The Company provides essential Internet infrastructure for commerce, offering tools to start, grow, market and manage a retail business of any size. It provides platforms and services that are engineered and delivers a shopping experience for consumers online, in store and everywhere in between. Its software enables merchants to run their business across all of their sales channels, including Web and mobile storefronts, physical retail locations, social media storefronts, and marketplaces. The Company's Shopify platform provides merchants with a single view of their business across all of their sales channels and enables them to manage products and inventory, process orders and payments, fulfill and ship orders, build customer relationships, source products, leverage analytics and reporting, and access financing, all from one integrated back office. The Shopify's platform operates across 175 countries.


TSX:SHOP - Post by User

Post by frankthetank007on May 19, 2022 12:41pm
354 Views
Post# 34695712

SHOP still way over valued

SHOP still way over valued The fundamentals never made sense with this stock at 1500 or really even at 400.  We will get a big bounce soon but that will be just so people can sell as this thing is going towards double digits in the future.  Unless they have some magical profits to show up which i doubt it when people aren't shopping online as much and they've stop buying consumer discretionary's because all the money goes to driving, food and shelter.  I laughed last year when RBC had a 1800 dollar target on SHOP so they could sell their shares at ridiculous prices.
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