Shopify (NYSE:SHOP)(TSE:SHOP) offers a platform for internet commerce. A slowdown in e-commerce growth, tough year-over-year comparisons, and the broad tech sell-off amid fears of a recession led to a significant decline in Shopify stock. Though Shopify stock has declined quite a lot (down 77% year-to-date), TipRanks’ Hedge Fund Trading Activity tool shows that hedge funds remain negative about its prospects. SHOP Stock: Hedge Fund Activity   Per the tool, hedge funds decreased their holdings in SHOP stock by selling 20.7M shares in the last quarter. Also, SHOP stock was among the top five stocks that hedge funds sold the most.
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