Shopify Stock Trades At Pre-Covid Levels. Is It A Buy?
- Wednesday, April 13, 2022, 7:20
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Shopify stock has plummeted by around 55% year-to-date. The sell-off comes as customers increasingly return to physical retail stores following the easing of Covid-19 restrictions, resulting in a considerable slowdown in Shopify’s revenue growth rates. While sales grew by around 86% in 2020…
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