Does Shopify’s (NYSE:SHOP) Revenue Growth Make Up for Its Net Losses?
November 11 2022 - 10:54PM
TipRanks
Do you recall how online shopping evolved during the pandemic? For
those of us with non-critical jobs, staying the majority of the
time inside our homes meant requiring goods to be delivered to our
doorstep. Suddenly, everyone and their mother ran an e-shop, and
that's why Shopify (NYSE: SHOP) was one of the biggest
beneficiaries at the time. The pandemic has largely faded nowadays,
and while many had expected Shopify's performance to relax from its
record, pandemic-driven results, the company has grown further.
Yet, despite its solid growth, Shopify's lack of
profitability fails to inspire investors.
https://www.tipranks.com/news/article/does-shopifys-nyseshop-revenue-growth-make-up-for-its-net-losses?utm_source=advfn.com&utm_medium=referral
Shopify (NYSE:SHOP)
Historical Stock Chart
From Oct 2023 to Nov 2023
Shopify (NYSE:SHOP)
Historical Stock Chart
From Nov 2022 to Nov 2023