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Q3 Rundown: BigCommerce (NASDAQ:BIGC) Vs Other E-commerce Software Stocks

Q3 Rundown: BigCommerce (NASDAQ:BIGC) Vs Other E-commerce Software Stocks


Published on 2025-02-03 19:21:16 - MSN
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  • Wrapping up Q3 earnings, we look at the numbers and key takeaways for the e-commerce software stocks, including BigCommerce (NASDAQ:BIGC) and its peers. While e-commerce has been around for over two decades and enjoyed meaningful growth,

The article from MSN Money discusses the performance of BigCommerce (NASDAQ: BIGC) in comparison to other e-commerce software stocks during the third quarter of 2023. BigCommerce, which provides a platform for businesses to build online stores, experienced a challenging period with its stock declining by 25% year-to-date. This downturn is attributed to broader market trends affecting tech stocks, including rising interest rates and economic uncertainty. Despite these challenges, BigCommerce has shown resilience with a 12% year-over-year revenue growth in Q2 2023, although it still reported a net loss. The article compares BigCommerce with competitors like Shopify, Wix, and Squarespace, noting that while Shopify has seen significant growth, BigCommerce's focus on enterprise clients gives it a unique market position. The piece also highlights the sector's overall volatility, with investors weighing the potential for growth against profitability concerns and macroeconomic factors.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/savingandinvesting/q3-rundown-bigcommerce-nasdaq-bigc-vs-other-e-commerce-software-stocks/ar-AA1yjNio ]
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