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Shopify stock has surged nearly 4,600% since the company’s IPO five years ago. The e-commerce group priced its shares at $17 on May 21, 2015, and they now trade at $797. “Pretty amazing,” Box CEO Aaron Levie tweeted. “Anyone could get a 45X return by investing in Shopify.” Shopify’s revenue grew more than 22-fold between 2014 and 2019, from $67 million to $1.6 billion. Visit Business Insider’s homepage for more stories.
Shopify‘s stock price has soared almost 4,600% since the e-commerce group went public five years ago.
The company, which recently partnered with Facebook to help businesses
Read more Source: businessinsider.com