E-commerce software company Shopify (NYSE: SHOP) was one of the big winners during COVID-19; shares rose roughly 300% from the beginning of 2020 to last fall. This chart shows how much of a roller-coaster ride Shopify has been for investors. If you look at the valuation using the stock's price-to-sales ratio, it's traveled from the 20s up to more than 60 before coming back down again. Read More...
Motley Fool
The Smartest Stocks to Buy With $500 Right Now
While all three major U.S. exchanges have bounced off their year-to-date lows, the S&P 500, Dow Jones Industrial Average, and the Nasdaq Composite are still in negative territory in 2022. Stagnant economic conditions, coupled with fast-rising prices, are creating a sour mood for investors. While just the tech-heavy Nasdaq remains in correction territory, or down more than 10%, it’s quite possible all the exchanges could at some point be in an official bear market, meaning they would lose 20% or more of their value.
Add Comment