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)
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Shopify (NYSE:SHOP)
Historical Stock Chart
From Nov 2022 to Nov 2023 Click Here for more Shopify Charts.