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SHOP stock has been absolutely slaughtered in the last 6 months. They're either super geniuses with long term vision the markets can't see, or people have comp
by blobbers 4y ago
SHOP stock has been absolutely slaughtered in the last 6 months.
They're either super geniuses with long term vision the markets can't see, or people have completely lost faith with them for exactly these kinds of moves.
- blobbers 4y ago(which are they?)
- JonathanBeuys 4y agoThe market values them at $53B. That's not a small sum.
- blobbers 4y agoIndeed. But it also devalued them by $150B in the span of 6 months.
- toephu2 4y agoI don't think Shopify stock being down so much in the last 6 month has much to do with their business fundamentals but rather is part of the broader tech sell off. Which tech stocks haven't been slaughtered in the last 6 months? To name a few that have: Square, Snap, FB, DoorDash, CoinBase, Pinterest, Lyft, Uber, Robinhood, etc.
- sexy_seedbox 4y agoSo has NET, was 200 a few months ago, now at 77 today.