Shopify (SHOP) Surges After Earnings!

Shopify (SHOP) Surges After Earnings!

Shopify (SHOP) surged this morning at +12.50 a share (about +27%) after it beat earnings estimates by a small fraction.

I’m a longtime shareholder of SHOP, since May 2017, so my percentage profit so far is 591.38%, and I’ve sold a few shares here and there since 2017. But, there was a time when my profit was 1,500%, but the stock had fallen sharply since around November 2021.

I intend to keep holding on until we get back up to those all-time hight levels. SHOP is considered a growth stock and has no dividend.

randomguru

Portfolio Manager & Musician

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