Shopify Inc.’s stock is down more than 50% since its November high. For the most part, the tumble was triggered not by company-specific variables but by a stratospheric valuation colliding with macro factors, the latter being the prospect of higher interest rates and a winding down of the COVID-19 pandemic.
Thanks for your comment. I'll try to provide an update soon. BTW, just came across this article on unionization gaining more momentum at Shopify competitor, Amazon.com
How ‘bout an update on Shopify since this article?
Thanks for your comment. I'll try to provide an update soon. BTW, just came across this article on unionization gaining more momentum at Shopify competitor, Amazon.com
https://www.npr.org/2021/12/23/1067698799/amazon-nlrb-union LM