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.
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Source Fool.com