Shopify stock right now earns a “F” rating in myPortfolio Grader. As a slowdown in growth resulted in a further walk-back of its valuation, how much further do I think shares could fall from here?
Another 74% drop may not be in store. Growth may be slowing down, but it’s still coming in at a double-digit annual clip. Earnings for now are unimpressive, yet they could see a big jump, once the company completes the buildout of its fulfillment network.$Shopify(SHOP)$
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