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Why Did Global-e Stock Soar 75% In 2023?


After a terrible 2022, the e-commerce industry seems to have found a bottom in 2023. Top players like Shopify and Amazon delivered an improved performance that resonated well with investors, which helped explain the robust share price performance.

Likewise, Global-e Online (NASDAQ: GLBE) performed well in 2023 with solid growth. Better still, the young company is just warming up and could keep churning out above-average performance in the near and longer term.

Image source: Getty Images.

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Source Fool.com

Shopify Inc Stock

€67.31
0.600%
Shopify Inc gained 0.600% compared to yesterday.
Our community is currently high on Shopify Inc with 5 Buy predictions and 1 Sell predictions.
With a target price of 75 € there is a slightly positive potential of 11.42% for Shopify Inc compared to the current price of 67.31 €.
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