Shopify thrives amid market pullback with rapid AI innovations and massive growth potential in an $849B market. Stay long and ...

But Shopify's chart and new base have several flaws. The base count reset after the prior late-stage consolidation pattern breakout failed in February and the stock undercut the low of the prior base.

Shopify and Wix.com Forward PE Chart At the same time, there is a valuation discrepancy between its closest peer, Wix.com (WIX), which is also a web development platform targeted towards e-commerce.

With a trading volume of 4,706,835, the price of SHOP is up by 5.73%, reaching $111.04. Current RSI values indicate that the ...

Shopify shares have surged 8.3% year to date (YTD), outperforming the broader Zacks Computer & Technology sector’s return of ...

Shopify delivered solid top-line gross merchandise volume and free cash flow growth in the quarter. Net loss expanded, but after adjusting for the impact of equity investments, Shopify’s net ...