Is Shopify Stock A Buy? SHOP Stock Makes New Low After E-Commerce Leader's Dramatic Rise And Plunge

Is Shopify Stock A Buy? SHOP Stock Makes New Low After E-Commerce Leader's Dramatic Rise And Plunge

Shopify, an upstart challenging eBay and Amazon.com, saw extraordinary growth during the pandemic but the torrid pace of growth is slowing. Is Shopify stock a buy right now? On Feb. 16, Shopify topped earnings and revenue estimates for the December quarter, which included a record $6.3 billion in global Black Friday-Cyber Monday sales.