Why Shopify, Sea, and MercadoLibre Stocks Crashed Today
Compared to Amazon, all other e-commerce stocks may come up short.
Shopify's e-commerce platform allows merchants of all sizes to build an online presence, including storefronts and fulfillment, payment, and shipping services.
| Symbol | Last Price | Market Cap | % Δ 1 Yr | % Δ 5 Yr |
|---|---|---|---|---|
|
SHOP
Shopify
|
$544.37 | $69B | -52.3% | 738.4% |
|
TTD |
$56.80 | $28B | -24.9% | 1,210.3% |
|
TWLO |
$132.48 | $24B | -64.6% | 313.1% |
|
ZM |
$98.12 | $29B | -72.4% | |
|
DOCU |
$75.01 | $15B | -66.7% |
Compared to Amazon, all other e-commerce stocks may come up short.
Investors are right to regain their confidence in this tech stock.
Investors are realizing that yesterday's announcement about Russia and Ukraine likely won't have a major impact on Shopify's financials.
Shopify is shutting down in Russia "temporarily."
The e-commerce platform for entrepreneurs warned of a slowdown in 2022, even as it ramps up spending on its infrastructure.
Down 50% from its highs, is now the time to invest in this e-commerce giant?
The e-commerce software giant has already begun testing an NFT sales platform for merchants.
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This company's platform will continue to help aspiring entrepreneurs set up their businesses.