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SHOP Stock Sell-Off Looks Overdone as Margins and Guidance Shine
Shopify’s NASDAQ: SHOP stock sold off following its Q3 earnings release on fears that may be overblown given the company’s fundamental strength. Ultimately, it comes down to valuation: the approximately 80x current-year consensus earnings multiple it traded at before the release was high, pricing in perfection and leaving little room for weakness. The roughly 1%




