Description: Shopify Inc. is bracing for a year in which the COVID e-commerce boom that propelled tech companies to record growth levels begins to wane.
Source: FinancialPost.com
Date: Feb 16, 2022
Link: https://financialpost.com/news/retail-marketing/shopifys-revenue-grows-41-beating-expectations
Questions for discussion:
- What caused the stock price to slide?
- What is the company doing to meet the challenges?
- What do you think of the stock as a short and longer term choice for investors?
- Explain you answer in terms of the reasons for the stock price drop.
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