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Posted by
Two Blokes Apr 19 -
Filed in
Stock
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8 views
On January 19, 2025, I gave Shopify a hold rating due to its high valuation at the time. The stock price has since underperformed. Investors were disappointed in the company's free cash flow guidance for the first quarter of 2025, leading to the stock's decline. Shopify has consistently shown steady revenue growth over the last two years, a positive indicator for its long-term viability.
