For a long time, the Shopify ecommerce platform has been met with mixed reactions from the SEO community.
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That said, plenty of technical SEO professionals will tell you that there are certain elements of the platform that:
On April 13, CloudFlare’s Matt Prince confirmed via Twitter that the previous “gray cloud” relationship between Shopify and Cloudflare has changed.
Other things to check out:
Shopify Doubles This Month, Is it Time to Take Profits? - TheStreet
That’s not the action investors want to see in Shopify, particularly if they are still bullish. For me, this type of move would signal that it’s time to take profit - or at the very least begin trimming a considerable chunk of the position.
For some nimble traders, they may even consider it a shorting opportunity, even though the stock is already lower by 9.5% on the day. Keep in mind that at one point this stock was up more than 5.5% on Tuesday despite the downbeat backdrop of the declining Nasdaq and S&P 500.
Bloomberg - Are you a robot?
Shopify's ongoing battle with COVID-19 merchants: 5,000 storefronts closed in the past month |
Electronic-commerce star Shopify has found itself in the eye of an entrepreneurial storm triggered by the COVID-19 virus.
Earlier this year, one million online merchants relied on Shopify's technology platform to display, track, ship and analyze sales of their products. The rapid spread of the COVID-19 virus since January has prompted even more businesses to shift to online, which has lit a fire under the Ottawa firm's share price.
While you're here, how about this:
Shopify's Monster Rally Keeps Canada Stocks Afloat Amid Oil Drop
(Bloomberg) -- Canadian stocks eked out a gain on Monday as Shopify Inc. hit a record, while oil prices plunged below zero in an unprecedented crash.
The S&P/TSX Composite Index rose 0.2% on Monday, while U.S. stocks fell. Shopify gained for an eighth session, putting it in a tight race with one of Canada's largest banks to become the second-most valuable company on the nation's stock market.
Innovation Wrap: Shopify's New Heights, Facebook Gaming, Dino DNA – ShareCafe
Facebook is testing changes to their platform on hundreds of thousands of bots that simulate user behaviour before those changes are rolled out to real users.
Automatic design: While the scenarios play out, the system automatically adjusts different parameters in the simulation, such as the bots' privacy settings or the constraints on their actions. With every adjustment, it evaluates which combination of parameters achieves the most desired community behavior, and then recommends the best version to Facebook's platform developers.
Why Shopify (SHOP) is Poised to Beat Earnings Estimates Again - April 22, 2020 - Zacks.com
If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Shopify ( SHOP - Free Report ) . This company, which is in the Zacks Internet - Services industry, shows potential for another earnings beat.
When looking at the last two reports, this cloud-based commerce company has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 52.57%, on average, in the last two quarters.
Rosenblatt Securities Keeps Their Buy Rating on Shopify (SHOP)
Rosenblatt Securities analyst Mark Zgutowicz reiterated a Buy rating on Shopify ( SHOP ) yesterday and set a price target of $630.00 . The company’s shares closed last Tuesday at $585.00.
According to TipRanks.com , Zgutowicz is a 5-star analyst with an average return of 18.8% and a 56.9% success rate. Zgutowicz covers the Technology sector, focusing on stocks such as Spotify Technology SA, Criteo SA, and Pinterest.
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