12 points | by petethomas 8 hours ago ago
2 comments
Shopify is such a cyclical stock. Up, down, up, down in quite a dramatic fashion. Peak in the last year was 178$ and it was just as low as 95$.
It is likely undervalued right now so it is a good time to invest.
Unfortunately, I am waiting for them to follow in Cloudflare, Github and others leads and lay off 20% of the company "because of AI."
Great, can they fix their plugin review process now? As of like 2 weeks ago it seems it's all done by AI with no way to provide feedback when wrong.
Shopify is such a cyclical stock. Up, down, up, down in quite a dramatic fashion. Peak in the last year was 178$ and it was just as low as 95$.
It is likely undervalued right now so it is a good time to invest.
Unfortunately, I am waiting for them to follow in Cloudflare, Github and others leads and lay off 20% of the company "because of AI."
Great, can they fix their plugin review process now? As of like 2 weeks ago it seems it's all done by AI with no way to provide feedback when wrong.