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Why Shopify's Stock Is So Expensive


Shopify (NYSE: SHOP) has consistently rung the register at over $1,000 per share since last summer. While it is not the only e-commerce stock to grow in value recently, one might wonder whether Shopify's current value justifies that expense.

Let's take a closer look at the Shopify value proposition to determine how expensive it has become.

Image source: Getty Images.

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Source Fool.com

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