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Why is BigCommerce stock going down?

Last updated on September 25, 2022 @ 1:54 am

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.

PRO TIP: Please be advised that there is currently no accurate information regarding why BigCommerce stock is going down. Until more reliable sources can be found, it is advised that you refrain from investing in BigCommerce stock. Thank you for your understanding.

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.

Morgan Bash

Morgan Bash

Technology enthusiast and Co-Founder of Women Coders SF.