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r/wallstreetbets
Shorting Shopify (SHOP) stock (20k Short Position)
Investor summaryBearish
Author shorts SHOP, citing large e-commerce businesses leaving the platform for custom builds and AI replacing the app store.
Bear points
- Large-scale e-commerce businesses are leaving Shopify to build their own platforms.
- The Shopify app store is seeing no usage as people use AI like Claude to code everything themselves.
- Price target is $30-50 in the next year.
Post body
I'm in the ecommerce space and I am seeing more than ever so many large scale ecommerce businesses leave the platform to build their own. No one is using the shopify app store and the vast majority of people are just claude coding everything themselves. I see the price potentially going to $30-50 in the next year or so.
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