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BIGC - BigCommerce: This High-Flyer Has Further To Fall
September, 29 2020 09:58 AM
BigCommerce Holdings Inc.
Shares of BigCommerce have corrected more than ~45% since hitting a high above $140 in August. The company has executed well and revenue growth accelerated slightly in Q2. However, even strong performance is insufficient to justify BigCommerce's huge valuation. BigCommerce was an instant hit since its early August IPO and is still up more than 3x from its initial debut. For further details see:
BigCommerce: This High-Flyer Has Further To Fall
Stock Information
Company Name:
BigCommerce Holdings Inc.
Stock Symbol:
BIGC
Market:
NASDAQ
Website:
bigcommerce.com
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