(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.

Continue reading

Source Fool.com