4 Reasons to Sell This E-Commerce Giant

By Jose Najarro – Sep 10, 2022 at 8:00AM

NYSE: SHOP

Shopify

Market Cap

$89B

Today's Change

(0.14%) $0.10

Current Price

$69.51

Price as of April 18, 2024, 4:00 p.m. ET

And three reasons to keep holding Shopify stock.

Today's video focuses on Shopify (SHOP 0.14%) and recent updates affecting the company. The most recent update is the change in some of its leadership positions. More importantly, I share some bearish and bullish thoughts on the stock. Check out the short video to learn more, consider subscribing, and click the special offer link below.

*Stock prices used were the market prices of September 9, 2022. The video was published on September 9, 2022.

Jose Najarro has positions in Shopify. The Motley Fool has positions in and recommends Shopify. The Motley Fool recommends the following options: long January 2023 $1,140 calls on Shopify and short January 2023 $1,160 calls on Shopify. The Motley Fool has a disclosure policy. Jose is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.