SHOP Jumps 22%: Buy or Sell at High?
Shopify closed up 22.3% on after the Canadian e-commerce company reported third-quarter results that beat expectations, and gave a strong forecast for the remainder of the year.
- GMV was over $56 billion up 22%
- Revenue hit $1.7 billion and was up 25%
- Free Cash Flow was over $270 million
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Will you buy SHOP after its 20% jump?
Are you bullish on SHOP or not?
How about its competition with other e-commerce companies?
What's your target price for SHOP?