|Bid||99.77 x 0|
|Ask||99.81 x 0|
|Day's range||98.20 - 100.80|
|52-week range||44.06 - 101.45|
|Beta (5Y monthly)||2.08|
|PE ratio (TTM)||N/A|
|Earnings date||13 Feb 2024 - 19 Feb 2024|
|Forward dividend & yield||N/A (N/A)|
|1y target est||93.26|
While shoppers spent a record $12.4 billion on Cyber Monday alone, the Cyber Week retail event racked up a total of $38 billion in consumer spending. Yahoo Finance Retail Reporter Brooke DiPalma details the e-commerce platforms and buy now, pay later companies — such as Amazon (AMZN) and Affirm (AFRM) — that benefitted the most this holiday shopping season as consumers navigate online scams while checking out items on their wish list. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Cyber Week — the five-day period between Thanksgiving and Cyber Monday — brought a windfall of $38 billion.
It's up more than 100% this year as it continues to crank out double-digit sales growth while getting costs under control. According to Statista, e-commerce is expected to expand at a compound annual growth rate of nearly 10% through 2028. Shopify is the largest e-commerce software platform in the U.S., with $56 billion processed in gross merchandise volume in the 2023 third quarter and 28% of overall market share.