Is Global-e Online a Buy Now?
Shares of Global-e Online (NASDAQ: GLBE) dipped slightly in response to a first-quarter earnings report that was a lot more positive than the price action suggests. The amount of merchandise being purchased through its cross-border platform soared through the roof in the first three months of 2022, but the stock hardly moved after management reported results on Monday, May 22.
Is Global-e Online a good stock to buy now or should investors remain cautious? Let's look under the hood to gauge our chance of receiving market-beating gains from this stock.
Global-e Online helps direct-to-consumer merchants reach customers across borders. Clearly, international merchants are clamoring for the service.
Source Fool.com
