Shopify Subordinate Voting Ord Shs Class A SHOP

Primary Symbol: T.SHOP

Technology Information Technology Services

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

Shopify Subordinate Voting Ord Shs Class A

<< Previous

Bullboard Posts

Next >>

Post by Bertandersonon Oct 18, 2023 6:18pm

225 Views

Post# 35689977

Why is Shopify struggling?

Shopify has been an excellent wealth compounder over the pandemic years but saw its stock price drop precipitously last year as its growth rates normalized. Amidst a challenging macro environment, Shopify's revenue growth has slowed down substantially, putting immense pressure on its bottom line. I believe from 2026 to 2030 would could see some
real profit growth with this stock, although it's just hanging on with it's extremely high value
in these recessionary conditions. When it actually starts reporting a P/E, investors will
see how expensive it really is.

<< Previous

Bullboard Posts

Next >>

Visionstate set to leverage success in the U.S. market