Is Shopify Stock a Buy After Its First Record Close in Nearly a Year?
Shopify (NASDAQ:SHOP) stock closed at $179.22 on Monday, its first record close in nearly a year. But the margin was small — just 21 cents over the e-commerce software company’s prior best of $179.01, set on Oct. 29, 2025.
Plenty happened between the two closes. The growth stock shed nearly half its value by mid-May, closing as low as about $95, and it’s gained about 88% since then. As I write this, shares trade right around Monday’s level.
That means investors buying now pay almost exactly what buyers paid at the last record. What they get for that price, though, has changed.
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