Shopify (SHOP) Company Bright Spots, Will The Market Catch Up?

Shopify (SHOP) stock price has suffered in the past year and analysts do not seem positive on the company. “Amazon (AMZN) stated a new offering to buy with Prime, which is a response to Shopify (SHOP) attempting to encroach on their market. Though, is the market sleeping on the SHOP stock? There are currently some positives on social media like purchase intent for Shopify. There are also mentions of merchants using the company. Additionally, social media users are talking more about shoppable content, usage of digital wallets, and ecommerce as a whole,” says LikeFolio’s Megan Brantley. Tom White and Nick Theodorakos weigh in on Shopify (SHOP) consumer experience trends.

Fast Market

13 Jan 2023

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