1 Reason Shopify Stock Is Approaching All-Time Highs

The leading e-commerce platform is firing on all cylinders these days.From the company's initial public offering in May 2015 to the peak in November 2021, shares of Shopify (SHOP -2.25%) had skyrocketed 6,480%. As of Sept. 25, they still trade 15% below that record.But the business has been winning back enthusiasm from the investment community in tremendous fashion. The e-commerce stock has climbed an impressive 399% in just the past three years. Here's one reason Shopify is approaching its all-time highs. ...