Description: Shopify Inc. was among the first technology giants to slash its workforce during last year’s market rout. Now, some investors say its stock is poised to outperform peers over the course of 2023 as those job cuts translate into lower costs, narrower losses and better cash flow.
Date: Feb 14, 2023
Questions for discussion:
- What is the basis for improved performance?
- Do you think the firm can return to the growth-status it once enjoyed?
- Is this an opportunity for investors to get back in or double-down?
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