Sumary of Is Shopify Stock a Buy?:
- Shopify remains a close second at 23%, while Wix (NASDAQ:WIX) and Squarespace (NYSE:SQSP) also hold a double-digit percentage market share..
- This makes Shopify a conglomerate while most of its peers remain pure-play tech stocks centered around platforms..
- Additionally, with $7.8 billion in liquidity and $909 million in debt, the company’s balance sheet remains stable….