What's Behind Shopify's 175% Surge in the Past 12 Months
Shopify (NYSE: SHOP) is one of the hottest stocks in tech right now, and it's showing no sign of slowing down.
In this Industry Focus: Tech segment, host Dylan Lewis is joined by analyst Michael Douglass and summer intern Ryan Reeves to explain what Shopify does, and how it makes money. Find out how the e-commerce platform brings in customers that range from small-time craft-goods makers to big brand names such as Tesla and Nestle; how CEO Tobi Lutke decided to found the company, some of the most important numbers investors should look at to track the company's progress, and more.
A full transcript follows the video.
Source: Fool.com
Shopify Inc Stock
€53.65
-0.680%
Currently there is a rather positive sentiment for Shopify Inc with 4 Buy predictions and 0 Sell predictions.
As a result the target price of 75 € shows a positive potential of 39.79% compared to the current price of 53.65 € for Shopify Inc.
