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Even if the Stock Market Crashes, I m Not Selling Shopify
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These 3 Cathie Wood Stocks Are Still Going Strong
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Tasker Payment Gateways LLC Updates Their Selling Alcohol Online Payment Processing Guide
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May 21, 2021, marks the fifth year of
Shopify’s(TSX:SHOP)(NYSE:SHOP) market debut on the Toronto Stock Exchange and New York Stock Exchange. If you were a regular TSX investor who bought 679 shares worth $21,218.75 then, you’d be a certified millionaire five years later with $1,000,696.62 in the bank.
On Friday, May 21, 2021, Shopify traded at $1,473.78 per share, or 4,616% higher than $31.25 on May 15, 2015. I suppose many Canadians became millionaires, because they believed in the growth potential of the e-commerce platform.
TSX’s largest publicly listed company by market cap ($183.31 billion) started as an online store for snowboarding equipment. Given the many business improvements since half a decade ago, is Shopify still a millionaire maker if you were to invest today?