If You'd Invested $1,000 in Shopify in 2015, This Is How Much You Would Have Today
In the nearly seven years since Shopify (NYSE: SHOP) went public, it has revolutionized the way business does e-commerce. By providing companies of any size with the tools to start, grow, market, and manage retail businesses, it's made the migration of even the tiniest business to the online world seamless and almost effortless.
The path hasn't been as smooth for Shopify or its investors, who in 2021 alone saw their stock lose 17% of its value from its highs (though shares were still up 22% for the year). But it's largely been a fast ride higher since the company went public.
That means there has mostly never been a bad time to buy Shopify stock. So let's see how much you would have today had you had the foresight to buy in at the e-commerce leader's initial public offering with a $1,000 grubstake in the business.
Source Fool.com
