Is Shopify a Buy Now?
Investors have been avoiding e-commerce stocks lately due to factors such as shifting consumer spending and higher inflation. Shopify (NYSE: SHOP), a leading e-commerce solutions provider, has seen its share price plunge by more than 80% from its peak of $176.
The stock price correction will attract bargain hunters, but is Shopify stock a buy now? Let's explore the idea.
Source Fool.com