Shopify Stock: Bull vs. Bear
E-commerce stocks have had a tough go of it lately. In addition to macroeconomic pressures that have generally worked to depress share prices for companies with growth-dependent valuations, businesses in the space have faced the evaporation of pandemic-driven demand and other challenges. Despite still being a leading provider of online-retail services, Shopify (NYSE: SHOP) has fallen 23% over the past year and roughly 75% from its lifetime high.
On the heels of big sell-offs, should investors be snatching up Shopify shares? Read on to see why two Motley Fool contributors come down on opposing sides of the debate on what comes next for the stock.
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Source Fool.com
