BigCommerce, Inc. (BIG) is a leading ecommerce platform that enables businesses of all sizes to create, manage, and grow their online presence.
The company offers a suite of features that allow businesses to create an online store, including a blog, ecommerce platform, and order management tools.
Since its inception, BigCommerce has seen consistent growth. In 2016, the company reported $225 million in revenue, up from $167 million in 2015.
This growth has led to the company being valued at $2.2 billion.
However, the company’s stock price has been declining recently. The stock price fell by 12% in the past month, and is currently trading at $240.50 per share.
This decline in stock price may be due to a number of factors, including concerns over the company’s growth prospects, competition from Amazon.com (AMZN) and Ebay (EBAY), and a weak outlook from the company’s analysts.
Despite these concerns, BigCommerce remains a profitable and viable platform. The company has a strong customer base, and its ecommerce platform is well-suited for a variety of businesses.
In addition, the company has a strong balance sheet, with $441 million in cash and equivalents as of March 31, 2017.
The decline in BigCommerce’s stock price may be short-lived, as the company has a strong balance sheet and a growing customer base. The company’s long-term growth prospects remain positive.
