|Bid||63.86 x 1000|
|Ask||63.62 x 1100|
|Day's Range||60.72 - 64.06|
|52 Week Range||23.63 - 65.54|
|Beta (5Y Monthly)||2.04|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jul 25, 2023 - Jul 31, 2023|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||60.43|
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Shares of e-commerce platform Shopify trend higher amid its plans to sell its logistics segment to Flexport. Yahoo Finance Live takes a quick look at the stock.
The major indexes had a quiet day, but small caps and midcaps jumped. Shopify flashed a buy signal while Coinbase, another Cathie Wood stock, dived.
Shopify is the IBD Stock of the Day. Current earnings are not ideal, but future profits are seen exploding.
Digital-oriented freight forwarder Flexport has completed its acquisition of the logistics arm of Shopify Inc., one month after it announced its plans. The deal includes Deliverr, the tech-enabled shipping services […] The post Flexport completes acquisition of Shopify logistics business appeared first on FreightWaves.
Internet, Everywhere--(Newsfile Corp. - June 6, 2023) - Shopify Inc. (NYSE, TSX: SHOP), a provider of essential internet infrastructure for commerce, announces that it has completed the previously announced sale of the majority of its former Shopify Logistics business to Flexport, a leading tech-driven global logistics platform, in accordance with the transaction agreement dated May 3, 2023. In connection with the sale, Shopify received stock representing a 13% equity interest in Flexport, which
The market rally saw modest losses Monday as Apple dipped after unveiling its $3,499 Vision Pro goggles. Tesla leads five stocks in buy areas.
Electric vehicles are set to become a $700 billion market by 2030, and the electric boat niche is a very fast-growing part of that market
The future looks bright for this fallen e-commerce stock that is expanding its arsenal of artificial intelligence (AI) tools.
E-commerce and healthcare are growth sectors that should remain resilient no matter what the economy brings.
Our time-tested methodologies were at work to help investors navigate the market well last week. Here are some of our key performance data from the past three months.
Here are two solid growth stocks trading up by double-digit (and even triple-digit) percentages in 2023 that you might want to consider for your portfolio right now. Shopify (NYSE: SHOP) shareholders were taken on a wild ride over the last year. The price volatility, which is in line with a few other growth stocks, may not be over, but Shopify is definitely moving its business and growth story in an upward direction.
Shares of Global-E Online (NASDAQ: GLBE) Stock gained 29% in May, according to data from S&P Global Market Intelligence. Global-E is a young growth company with a niche platform. It services business and enterprise clients with cross-border e-commerce solutions, such as localized checkouts and customs calculations.
Uncover the stocks that are paving the way for the future of the internet. Don't get left behind when the Web3 revolution catches fire.
In today’s article, we will be talking about the 15 PayPal alternatives for international payments. If you don’t want to read the detailed analysis, you can head straight to the 5 PayPal Alternatives For International Payments. In today’s interconnected global economy, businesses of all sizes and industries rely on smooth and efficient international payment solutions […]
The e-commerce player reported a surprise profit and is gearing up to sell off its logistics division.
The Ark Invest boss is betting on these artificial intelligence, e-commerce, and electric vehicle stocks.
Shopify (SHOP) closed the most recent trading day at $57.94, moving +1.31% from the previous trading session.
Tech company Shopify (NYSE: SHOP) slashed costs drastically over the past several months in an effort to improve its weak bottom line. It laid off staff, and it recently announced that it would be selling its logistics business. It doesn't come as a huge surprise that the company needs to scale back on expenses.
Growth stocks have borne the brunt of much of the volatility afflicting the market over the last year, as investors shied away from these businesses amid fears of a global recession. For investors with the risk tolerance and patience to put cash into these businesses, this fortitude can be rewarded over the long run. Here are two such businesses to consider adding to your buy basket right now.
Finding companies with the power to stand the test of time in your portfolio isn't always easy. Airbnb (NASDAQ: ABNB) has made a name for itself in a highly fragmented and crowded industry, amassing a presence so impressive that it boasts a roughly 26% share of the travel booking service market and roughly 20% of the entire vacation rental market. Of the numerous competitive advantages that Airbnb retains, it's worth pointing out that the platform not only serves both sides of the travel accommodation relationship -- supply and demand -- with its growing cohorts of guests and hosts, but it also does so with an extremely asset-light model.
Last week, our time-tested methodologies served investors well in navigating the market. Check out some of our achievements from the past three months.
The leading e-commerce platform provider is still posting strong growth, but its bottom line remains in the red.
I'm no fan of the saying, "Sell in May and go away." Unsurprisingly, and in keeping with The Motley Fool's guidance, I tend to hold stocks for the long term. In fact, rather than selling in May, I'm adding shares to my portfolio this month.
Investors found many good reasons to like Shopify (NYSE: SHOP) in recent weeks. The e-commerce platform specialist reported solid operating results to start fiscal 2023, and its earnings prospects have improved with its pivot away from the costly shipping-logistics business. Wall Street's attention focused on Shopify's strategic pivot away from the logistics business, mainly because this move is likely to accelerate the company's return to profitability.
Despite their premium valuations today, these three stocks should continue delivering top-tier growth for decades.