Investoreight
Skip to main content

Shopify Stock Is up Over 40% This Week. How Much Higher Can It Go?

Yahoo! Finance
2023 is so far providing a platform for turnaround stories. Shopify (NYSE:SHOP) appears to be one such name benefiting from a change in sentiment; the shares are already up by 44% year-to-date, with 24% of those gains delivered in this week's trading. Investors were evidently happy with the e-commerce giant’s latest move, with the surge coming off the back of changes to its monthly pricing plans. These affect Basic, Shopify, and Advanced plans, with all rising by roughly 33-34%. The basic plan w
Continue Reading