Fool.com contributor Parkev Tatevosian explains why Shopify (SHOP +2.25%) stock is down and lets you know if that's a buying opportunity.
*Stock prices used were the afternoon prices of May 9, 2024. The video was published on May 11, 2024.
Is Shopify Stock a Buy on the Dip?
By Parkev Tatevosian, CFA – May 12, 2024 at 10:00AM
NASDAQ: SHOP
Shopify
Market Cap
$228B
Today's Change
(2.25%) $3.94
Current Price
$179.00
Price as of October 28, 2025 at 3:59 PM ET
Shopify is still reeling from an ill-judged investment in logistics.
About the Author
A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.