Shopify (NYSE: SHOP) stock has taken investors on a tumultuous ride over the last couple of years. The e-commerce services specialist has continued to play a key role in helping businesses launch and scale online retail operations, but its shares have suffered big sell-offs as growth has slowed and bearish pressures have reshaped the broader market.
Shopify stock has lost roughly three-quarters of its value so far in 2022 and is down 80% from the all-time high that it hit last November. Should investors treat the big valuation pullback as a buying opportunity, or is there still too much downside risk to make the stock a smart buy at current prices?
Read on to see why two Motley Fool contributors have different takes on the outlook for Shopify stock.
Source Fool.com