Previous close | 602.00 |
Open | 602.00 |
Bid | 0.00 |
Ask | 0.00 |
Strike | 940.00 |
Expiry date | 2024-01-19 |
Day's range | 602.00 - 602.00 |
Contract range | N/A |
Volume | |
Open interest | 14 |
Growth stock summer could finally be over. Shares of well-loved e-commerce platform Shopify (NYSE: SHOP) sunk 15% this week as investors sold off growth stocks after the Federal Reserve remained hawkish on interest rates. Investors might also be getting increasingly pessimistic due to competitive pressures from e-commerce giant Amazon and its encroachment on Shopify's market.
Strategies and tips on how to invest for either market scenario.
Shopify's partnership with Amazon is reshaping e-commerce, but is it a wise move for long-term growth?