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Investors in Global-E Online (NASDAQ: GLBE) have had a volatile ride lately. After going public at $25 in May last year, the stock rallied more than threefold to a high of around $84. Since then, the stock has fallen back to $34 as of this writing. While current investors may cr...
The tech-heavy Nasdaq Index is officially in correction territory. The index has fallen nearly 12% from its highs at the time of this writing after many high-growth tech stocks have been hammered the past three months. Most of this fall in the index has been in 2022 -- the Nasdaq has fallen...
Do You Have These E-Commerce Stocks On Your List Right Now? The year 2021 was a mixed year for e-commerce stocks . While many existing and new companies continue to grow, their stock prices did not follow. After all, e-commerce stocks were among the biggest winners in the stock ...
The lofty gains that Global-E (NASDAQ: GLBE) had racked up last year are coming undone in grandiose fashion. Shares were down 10.4% today as of market close. In total, the stock is now 47% off its all-time high notched last September, with most of those losses coming in recent weeks...
E-commerce is rapidly becoming a cornerstone of the international economy. According to a study from Infiniti Research, the global e-commerce market is expected to grow at a compound annual growth rate of 29% until 2025. This would result in the e-commerce market rising in value by more tha...
Global-E Online (NASDAQ: GLBE) has had a volatile first year of trading. It IPOed in May 2021, and shares at one point rose 160% before falling back to 115% gains today. This means that -- like many other tech stocks -- shares are down roughly 33% off their all-time high. Wi...
PETAH-TIKVA, Israel, Jan. 04, 2022 (GLOBE NEWSWIRE) -- Global-e (NASDAQ: GLBE) (“Global-e” or the “Company”), the world’s leading cross-border end-to-end platform for brands and retailers, today announced the closing of its previously reported acquisition ...
Now that 2021's come to a close, it's time to look back at the best-performing fintech stocks to see if they have what it takes to keep climbing. Global-E Online (NASDAQ: GLBE) , Upstart Holdings (NASDAQ: UPST) , and Shopify (NASDAQ: SHOP) aren't necessarily the best...
Online shopping became increasingly popular last year due to the pandemic-related restrictions and stay-at-home mandates. E-commerce sales as a share of total retail sales increased significantly. Moreover, e-commerce companies are expected to keep benefiting, driven by sticky consumer behavi...
Plenty of tech and e-commerce investors are looking forward to putting 2021 in the rearview mirror after stocks in these categories crashed year to date. High-quality companies like Sea Limited (NYSE: SE) or Shopify (NYSE: SHOP) are currently down substantially off their all...
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2024-07-18 06:30:00 ET Shopify has become one of the largest e-commerce companies in the world. It provides the backbone for millions of small merchants, and it's pivoting to capture market share from enterprise businesses. But if you're looking for a smaller player that's just gett...
2024-07-01 22:46:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
2024-07-01 14:15:03 ET Needham analyst issues MARKET OUTPERFORM recommendation for GLBE on July 1, 2024 12:00PM ET. The previous analyst recommendation was Market Outperform. GLBE was trading at $36.88 at issue of the analyst recommendation. The overall analyst consensus...