Investors were thrilled to hear that (NYSE: SHOP) is shaking up its business. The stock surged in the wake of its early May earnings announcement, which contained news of solid demand trends and a strategic shift.

Most Wall Street pros were focused on Shopify's decision to exit the logistics business in a move that will likely accelerate its return to profitability. But there are other attractive aspects to this growth stock that are less covered in the financial media. Let's take a look at a few standouts.

The main factor dragging Shopify's stock down since early 2022 has been slowing revenue growth. Sales volumes rose by 18% in the most recent quarter, compared to a 31% spike in late 2021.

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Source Fool.com