3 Reasons Global-E Online Can Keep Growing for the Next Few Years
The recent tech sell-off has been brutal, especially for unprofitable growth companies. Global-E Online (NASDAQ: GLBE), the up-and-rising cross-border e-commerce solution provider, saw share prices fall more than 60% from their peak of $84 to $32.43.
Unlike last year, when investors were generally bullish on high-growth technology companies, investors are bearish on the same group of businesses this year.
Still, bullish or bearish, investors' sentiments do not affect the underlying business of companies like Global-E. On the contrary, this young company shows promising prospects, despite its recent share-price plunge.
Source Fool.com
