Shopify Stock: Bull vs. Bear
In addition to macroeconomic pressures that have generally worked to depress share prices for companies with growth-dependent valuations, businesses in the space have faced the evaporation of pandemic-driven demand and other challenges. Despite still being a leading provider of online-retail services, Shopify (NYSE: SHOP) has fallen 23% over the past year and roughly 75% from its lifetime high. Keith Noonan: Shopify has played a leading role in the growth of the e-commerce industry.