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Motley Fool
Can Shopify Stock Keep Climbing?
Shares of e-commerce specialist, Shopify (NYSE: SHOP) shot up on Thursday, Oct. 27. The following day, shares of Shopify’s largest competitor, Amazon (NASDAQ: AMZN), fell about 10% in response to a less-than-encouraging third-quarter earnings report. Can Shopify overcome competition from Amazon and continue reporting results that push its stock price higher?
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