Shopify Hits a Post-Pandemic High: Time to Buy the Stock?

Shopify (SHOP -1.85%) investors are partying like it's early 2022. The e-commerce platform stock recently crossed $80 per share to set a new post-pandemic peak. Shopify's all-time high was $153 in late 2021, but shares dropped as low as $43 in the subsequent slump.Still, the rally over the past year raises the risk that investors will pay too high of a price for Shopify if its sales and earnings trends disappoint. Let's take a closer look at the prospects for this volatile growth stock.The latest resultsThe ...