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Notice how Shopify traded closer to the multiple of Wix about a year ago before the stock went on the major rally from $50 to $150.Takeaway The key investor takeaway is that tighter Facebook restrictions to privacy could impact Shopify customer counts though any short thesis can't ultimately rely on such an occurrence. These customers could easily find another way iPhone Cases to target consumers to drive sales.The bigger issue for any long is that the stock is extremely expensive for one with legitimate concerns about the quality of account growth. Don't touch Shopify near all time highs at $140.Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.I wrote this article myself, and it expresses my own opinions.
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