From The Motley Fool · John Ballard · · 1m
Shopify Stock Drops 10% But Still Worth Holding
Shopify shares fell 10% in a month but remain a strong long-term investment with major brands sticking around.
In brief
Shopify shares fell 10% in a month but remain a strong long-term investment with major brands sticking around. Shopify's stock dropped 10% in a month after missing Wall Street expectations but still holds value due to its sticky merchant relationships and growth potential. Originally reported by The Motley Fool.
Shopify Stock Drops
Shopify shares fell 10% in a month after missing Wall Street's expectations.
Why Shopify Stays Competitive
Shopify bundles stores, payments, and financing to keep merchants loyal.
Major Brands Stick With Shopify
Alice + Olivia, Lululemon, and Balmain moved to Shopify after starting with Shop Pay.
Shopify Capital Loans
Shopify purchased $1.5 billion in merchant loans in Q3, up from $1 billion a year earlier.
Gross Merchandise Volume
Shopify handled $119 billion in GMV for merchants in Q3, up 29% from a year earlier.
Long-Term Growth Potential
Shopify has less than 10% of global e-commerce with years of growth ahead.
The one thing
Shopify's stock dropped 10% in a month after missing Wall Street expectations but still holds value due to its sticky merchant relationships and growth potential.
