Shopify Stock Soars to New High -- 5 Metrics Driving It Higher
It was just over six months ago when I wrote about Shopify's (NYSE: SHOP) mind-boggling 200% rise in just 12 months. Now the e-commerce platform company's stock has climbed 89% higher. It's been on an absolute tear, up a wild 363% since the beginning of 2016.
With Shopify stock hitting new highs again this week, it's a good time to look at some of the metrics driving so much optimism. Five metrics, in particular, stand out as key factors behind the company's success recently.
Source: Fool.com