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Shopify Subordinate Voting Ord Shs Class A SHOP


Primary Symbol: T.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 DeanEdmontonon Jul 02, 2022 11:08am
210 Views
Post# 34797331

Why Split Now, vs When It Was at the Top

Why Split Now, vs When It Was at the TopCan you say, intentional move to suck in many more retail investors. Institutional investors don't care what the price per share is and they have already voted by bailing out of this company in droves. Now that it has dropped from 3000 to 400, why would you split now, on a stock that pays no dividend, to make the stock more affordable? If you fell for "all stock splits" climb in value, you don't know and haven't studied the history of over valued companies. There is a big difference between CIBC spliting 2 for one and these companies. This stock is headed to 150 pre split and 15 post split becasue a 220 PE is just stupid, always was, not to mention the previous PE of 700. If the Canadian wunderkin follows the previous Canadian stars like Nortel and Blackberry, zero may also be in its futture.
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