Up More Than 100%, Is Shopify's Stock Still a Buy?
(NYSE: SHOP), a leading e-commerce platform, delivered a solid first-quarter 2023 performance. It also decided to divest its logistics arm. Investors were delighted by the announcement, sending its stock price up by over 30%.
With the recent rally, the stock has soared by more than 100% from its 12-month low. The question arises for investors who missed the initial opportunity: Is it still a wise decision to invest in Shopify?
Let us explore further in this article.
Source Fool.com
Shopify Inc Stock
€55.47
0.510%
Our community is currently high on Shopify Inc with 5 Buy predictions and 0 Sell predictions.
With a target price of 75 € there is a positive potential of 35.21% for Shopify Inc compared to the current price of 55.47 €.
