SHOP Shopify Inc

Shares of Shopify (NYSE: SHOP) (TSE: SHOP) have dropped more than 73% this year. Given the solid share price correction and the company’s future growth plans, the stock might as well be a good long-term investment opportunity now. Moreover, bullish signals from hedge funds help instill confidence in the stock.  Can Shopify Stock Make a Comeback? The consistent drop in Shopify’s share price has kept investors unsure of its long-term potential. Also, comparisons to the pandemic phase, when the e-commerce business had been booming, make things tougher. Despite these struggles, management at Shopify continues to remain optimistic about its long-term potential.
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