Friday, March 8, 2024

Shopify (SHOP) Continued Its Strong Business Momentum In Q4

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Shopify (SHOP) Continues Strong Business Momentum in Q4

In its Q4 2023 investor letter, Insider Monkey Polen International Growth Strategy highlighted Shopify Inc. (NYSE: SHOP) as one of its top picks. The letter noted that the company, headquartered in Ottawa, Canada, provides a cloud-based commerce platform, and its stock closed at $73.47 per share on March 5, 2024.

One-month return of Shopify Inc. (NYSE: SHOP) was -13.74%, while its shares gained 68.12% of their value over the last 52 weeks. With a market capitalization of $94.57 billion, Shopify Inc. (NYSE: SHOP) was the best-performing holding in the Portfolio during 2023, with a 125% total return.

The company's strong performance continued in Q3-23, with impressive results that demonstrated continued share gains in North American e-commerce....



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Polen International Growth Strategy featured stocks like Shopify Inc. (NYSE: SHOP ) in its Q4 2023 investor letter. Headquartered in Ottawa, Canada, Shopify Inc. (NYSE:SHOP) provides a cloud-based commerce platform. On March 5, 2024, Shopify Inc. (NYSE:SHOP) stock closed at $73.47 per share. One-month return of Shopify Inc. (NYSE:SHOP) was -13.74%, and its shares gained 68.12% of their value over the last 52 weeks. Shopify Inc. (NYSE:SHOP) has a market capitalization of $94.57 billion.

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