Are Robust Financials Driving The Recent Rally In Shopify Inc.'s (NYSE:SHOP) Stock?
Return on Equity or ROE is a test of how effectively a company is growing its value and managing investors' money. In other words, it is a profitability ratio which measures the rate of return on the capital provided by the company's shareholders.
The 'return' refers to a company's earnings over the last year. One way to conceptualize this is that for each $1 of shareholders' capital it has, the company made $0.24 in profit.
Is Shopify (SHOP) Stock Outpacing Its Computer and Technology Peers This Year?
Investors focused on the Computer and Technology space have likely heard of Shopify (SHOP), but is the stock performing well in comparison to the rest of its sector peers? Let's take a closer look at the stock's year-to-date performance to find out.
Should You Consider Investing in Shopify (SHOP)?
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DigitalOcean (DOCN) - The Shopify of Cloud Computing - ValueWalk
DigitalOcean Holdings Inc (NYSE:DOCN) – The Shopify of Cloud Computing ; $200 Price Target
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3 Key Takeaways From Shopify's Q2 Results
Despite Shopify's earnings and revenue beat, the stock is down 10% in the last week. It has, however, surged 34% in 2021 and gained close to 50% in the last 12 months.
Shopify's GMV, or gross merchandise volume, rose 40% year over year to $42.2 billion in Q2 of 2021. The GMV is basically the total amount spent on the Shopify platform. Further, gross payments volume rose 48% to $20.3 billion accounting for 48% of GMV processed in Q2.
Will Shopify Inc (SHOP) Beat the Rest of the Stocks in the Technology Sector?
(AFRM), Shopify (NYSE:SHOP) - Affirm Holdings Shares Move Higher; Dealreporter Reports Shopify
This headline-only article is meant to show you why a stock is moving , the most difficult aspect of stock trading.
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