Shopify Rises 35% Year to Date: Buy, Sell or Hold the SHOP Stock?

Key Takeaways Shopify shares rose 34.9% YTD, outpacing both the tech sector and the Internet - Services industry.Q2 merchant solutions revenue jumped 36.6% as GMV climbed 30.6% with strong Shop Pay adoption.International GMV surged 42% with Europe leading, while Shopify Capital expanded into new markets.Shopify (SHOP) shares have appreciated 34.9% in the year-to-date period compared with the broader Zacks Computer & Technology sector’s return of 16% and the Zacks Internet - Services industry’s gain of 23.6% ...