1 Part of Shopify's Business Brings in 26% of Its Revenue but Also 42% of Its Profits. What Investors Need to Know
Let's be honest: Most investors love (NYSE: SHOP) stock because of how much it's gone up in the past. The company went public less than 10 years ago and is already up close to 3,000%. For perspective, $1,000 invested in Shopify stock when it went public would be worth more than $30,000 today.
For some investors, Shopify is nothing more than a stock ticker. But it's crucial to understand what a stock's underlying business does, rather than only pay attention to the movement of its ticker.
Here's one small part of Shopify's business that has an outsize impact on profits.
Source Fool.com
Shopify Inc Aktie
54,64 €
-0,24 %
Die Shopify Inc Aktie steht recht gut da: Mehr Buy- als Sell-Einschätzungen in der Community.
Für Shopify Inc sieht die Community ein Kursziel von 75 €, was eine erhebliche Steigerung um über 20% gegenüber dem aktuellen Kurs von 54.64 € bedeutet.
