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Is Shopify Stock a Buy Now?


E-commerce giant Shopify (NYSE: SHOP) has been a market darling, appreciating more than 3,000% since going public in 2015. Despite its history as a big winner, the market-wide chaos among growth and tech stocks has helped bring down shares.

Shares are off about 47% from 52-week highs set in November, and investors could be wondering whether it's safe to grab shares or if there's more pain in store. Here's what you need to know before making your move.

Image source: Getty Images.

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Source Fool.com

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