8 Metrics Behind Shopify's Soaring Stock Price

Motley Fool - 02-16

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On Tuesday, e-commerce platform Shopify (NYSE:SHOP) closed the books on a big year. Merchant and subscription solutions revenue on its platform soared as sellers flocked to Shopify. This led to a nice jump in revenue and gross profit during the year. Unsurprisingly, the stock rose sharply, too: Shares gained nearly 30% over the past 12 months, handily outperforming the S&P 500's 3% gain over the same time period.