Has Shopify Stock Been Good for Investors?

Shopify has historically delivered outsized returns for investors.Regarding the performance of Shopify (SHOP 0.44%), most of its long-term investors are likely happy with it. A 1,000investmentmadeonthedayoftheMay2015initialpublicoffering(IPO)isnowwortharound1,000 investment made on the day of the May 2015 initial public offering (IPO) is now worth around 60,000.Unfortunately for some of its investors, succeeding by investing in Shopify stock has been a question of timing, and its five-year shareholders may be less than happy with the stock's returns. Here's why. Shopify's five-year pe ...