How Risky Is Shopify Inc. (U.S.) Stock?
The story is pretty amazing: Snowboarder tries to start his own snowboard company; when he tries to build an e-commerce presence, there are no options he likes, so he makes his own; over time, that business outshines the snowboards; eventually the company is taken public.
In a nutshell, that's what happened to Tobias Lutke, founder and CEO of Shopify (NYSE: SHOP). The company offers a subscription platform to help small and medium-sized businesses build sales channels across the Internet, as well as merchant services focused on payment and shipping solutions. Shares of the relatively young public company are up almost 400% since February 2016.
That has a lot of investors asking: How risky is this stock?
Source: Fool.com
Shopify Inc Stock
€71.88
4.080%
Our community is currently high on Shopify Inc with 4 Buy predictions and 0 Sell predictions.
With a target price of 75 € there is a slightly positive potential of 4.34% for Shopify Inc compared to the current price of 71.88 €.
