Down 78% since November 2022. Currently at the same levels as March 2020. Shopify employees, how you doing?? Are you thinking of looking elsewhere? Holding? I feel for you guys
Still lot of room to go down
Dont worry, it will.
Shop still has good future potential. We are cash flow positive and have lots of capital. We’re also not the only ones getting battered this hard. Look at - Cloudflare - Datadog - Etsy - Coinbase - Block - Okta - Roblox - Atlassian - Twilio - Spotify And many more It’s a similar picture for all the above.
I'm now an owner of SHOP shares 👍
That’s exactly what I heard from another company who got bankrupt at the end. Don’t focus on others who are not doing good. Focus on yourself.
Can confirm that we are hurting over here over the stock price. Loads of hires got grants at around $1560 so they are totally fucked.
I feel personally attacked here 😂
Companies didn’t change. It’s the investor perception that has changed.
This
I think investor perception isn't the right way to put it. Inflation and interest rates are actually changing, which is forcing investors to rotate and reduce risk.
I have a Shopify On-site coming up. Looks like I have a good chance to get in ? 😀
Also what price Shopify value stock in offer? Current Price?
Role ?
This thing is going back to earth.
I am so happy C1 is max base with only 10k stonks
The curse of being a Canada company - once u become the largest in market cap in CAN you will go to zero. Look at our friends from Nortel and Blackberry
That’s a silly way to look at it. Blackberry was a very different company. Shopify has lots of cash on hand, is profitable and has plenty of levers to push revenues up. The emphasis has not been on revenu so far. Imagine if the company prioritized it.
P/e at 240x, new 52 w low of 297
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Intermittent sobbing and interviewing, my fren.