While recent strength in Shopify’s stock brings the price back to where it was at the time of Investing Journey’s last post on Shopify, it is still down -50% over the past three months. I remain optimistic on Shopify but patience will likely be required for a few quarters yet. For one thing, Shopify will be spending a lot in 2022 on building and debugging its fulfillment network.
Shopify update: patience is a virtue
Shopify update: patience is a virtue
Shopify update: patience is a virtue
While recent strength in Shopify’s stock brings the price back to where it was at the time of Investing Journey’s last post on Shopify, it is still down -50% over the past three months. I remain optimistic on Shopify but patience will likely be required for a few quarters yet. For one thing, Shopify will be spending a lot in 2022 on building and debugging its fulfillment network.