If you had invested: $1,000.00💵
Into SHOP on 2023-05-05 📅
You would have made:
$-247.30 🤑
Your Annual Rate of Return would be: -24.73% 📈
Total Increase: -24.73%📈
With that much money you could have bought:
-0.0008 Lamborghinis
Background
Shopify Inc, located at 150 elgin street, 8th floor, ottawa, on, ca specializes in the services-prepackaged software industry. It is currently listed on the exchange NYSE in the country USA.
The company's last annual earnings report on 2022-09-30 showed that it had reached a market capitalization of 67,916,882,000 dollars.
If someone had invested $100 in Shopify Inc 10 years ago, their investment would be worth roughly $1718.15 today, according to If You Had Invested
If you had invested...
The price of a stock is a reflection of the company's performance, market value, profitablility and for SHOP, its stock has been tanking. If you had invested $1,000 in Shopify Inc 1 year ago and held onto your investment until today , here's what would have happened:
Your investment would now be worth roughly $752.7 today.
Financials
If you are looking for a company with a good dividend yield then avoid Shopify Inc because it does not pay a dividend.
In terms of growth Shopify Inc has been on the up and up with a Quarterly earnings growth rate of 4.858. At the same time revenue growth has been to the moon with a rate of 0.216.
You've probably heard a lot of different things about investing in the stock market. After all, it can be volatile and unpredictable. But that doesn't mean it's not a good place to invest your money. In fact, many people who are experts on this subject will tell you that the stock market has been rewarding for investors over time—and that includes those who invested just one year ago!
The stock market is volatile and not a get rich quick scheme. It’s a long term investment strategy that can help you build wealth and diversify your portfolio.
As Shopify Inc continues on its journey to become a 10,187,532,300,0.0 dollar company, there is no doubt that the stock will continue to rise. You should watch out for any major announcements about their products or recent earnings. If you wish to invest in the stock market but are not sure where to start, start by signing up on Robinhood
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