Previous Close | 903.73 |
Open | 0.00 |
Bid | 930.00 x 0 |
Ask | 939.50 x 0 |
Day's Range | 0.00 - 0.00 |
52 Week Range | |
Volume | |
Avg. Volume | 41 |
Market Cap | 106.636B |
Beta (5Y Monthly) | 1.88 |
PE Ratio (TTM) | 31.92 |
EPS (TTM) | 29.30 |
Earnings Date | Feb 15, 2023 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | N/A |
Subscribe to Yahoo Finance Plus to view Fair Value for SHOPN.MX
In the current market environment, even many of the most resilient businesses are seeing their share prices rise and fall significantly from one day to the next. For Shopify (NYSE: SHOP), whose platform provides the infrastructure for roughly 20% of all live e-commerce sites globally, and 28% of U.S. e-commerce sites, this presents tremendous potential. In recent months, as investor sentiment regarding growth stocks has been in flux, many have turned away from Shopify due to concerns about how a potential recessionary period and a further decline in consumer spending could affect its business.
Both of these stocks are up more than 100% from their 52-week lows, and they could keep on climbing.
In 2022, investors grappled with the deepest bear market since the global financial crisis in 2008, and the technology sector took the brunt of the pessimism. Cathie Wood's Ark Invest is focused on the technology sector, so it experienced a steep decline in the value of its exchange-traded funds (ETFs). Its flagship Ark Innovation ETF fell a whopping 66% for 2022.