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BIGC - BigCommerce Continues To Be An Overvalued E-Commerce Stock
BigCommerce Holdings Inc.
BigCommerce stock is down ~25% since we published our bearish article on the company in late September, while S&P 500 showed a growth of over 15% for the same period.
The company continues to bleed cash, while its growth rate is not as impressive in comparison to its peers.
We continue to believe that BigCommerce is an overvalued stock with little upside.