Down 31% in a Month, Is SHOP Stock a Buy Before Q4 Earnings?
Shopify (SHOP) will release its fourth-quarter financials on Wednesday, Feb. 11. Ahead of earnings, SHOP stock has come under pressure, declining by about 31% in the past month. Concerns around the stock’s valuation and broader geopolitical uncertainty have weighed heavily on sentiment, pushing many investors to the sidelines. Despite the recent selloff, Shopify’s underlying business performance remains solid. The company has shown that it can grow rapidly while maintaining and improving profitability. I ...