Shopify Stock Doubled in 2023: Will 2024 Be Even Better?
Shopify(SHOP) The Motley Fool·2023-12-23 08:53
Last year was tough on growth stocks, but 2023 has been the complete opposite. Many companies have rocketed higher this year with names such as e-commerce software provider Shopify (SHOP 0.91%) leading the charge. The Canadian tech business has seen its shares rise 120% this year. However, after such a brutal 2021 and 2022, the stock is still down 55% from the all-time high it set during the pandemic stock market bubble.After building such strong momentum this year, let's see if this growth investor favorit ...