Why some analysts are still bullish on Shopify despite 48% plunge

Posted by & filed under Part 1 Business in a Global Environment, Part 3 Management: Empowering People to Achieve Business Objectives, Part 4: Marketing Management, Part 6 Managing Financial Resources.

Description: Tech darling Shopify Inc. has become such a heavyweight on the Toronto Stock Exchange that when it moves, the broader market feels it.

Source: BNNBloomberg.com – video report

Date: Jan 21, 2022

Link: https://www.bnnbloomberg.ca/why-some-analysts-are-still-bullish-on-shopify-despite-48-plunge-1.1711267

Questions for discussion:

  • Why did Shopify’s stock price fall so dramatically?
  • What is the basis for confidence that it is fundamentally sound?
  • Would you be a buyer today?

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