Friday, April 29, 2022

Shopify’s Downtrodden Stock Faces New Test as Analysts Turn Sour

Shares in the e-commerce company have plunged nearly 70% this year, the worst performance on Canada’s benchmark index, as a broader tech rout, investor skepticism over slowing traffic and the company’s move to build its own distribution network weighed on sentiment.

from Business of Fashion https://ift.tt/FdvOgYX

No comments:

Post a Comment