Is It Time to Buy the Dip in Shopify Stock?
Shopify(SHOP) The Motley Fool·2024-04-16 08:30
Investors have an opportunity to buy the e-commerce infrastructure giant at a discount today.Wall Street isn't as enamored with Shopify (SHOP -2.04%) stock these days. The e-commerce infrastructure specialist jumped over 100% last year, but shares are down 11% in 2024 while the S&P 500 is up by 8%.That weak performance doesn't make much sense considering all the good news the company recently revealed about its operating trends. Let's take a closer look at whether that makes the stock a good buy right now, ...