Global-e Online (NASDAQ: GLBE) stock falls 42% due to Nasdaq sell-off, but remains promising
From Nasdaq: 2025-03-15 10:20:00
- The Nasdaq Composite has dropped 12% from its highs, impacting tech-related stocks negatively. Uncertainty around tariffs has added to the market’s fear, causing a sell-off of high-quality businesses.
- Global-e Online (NASDAQ: GLBE) has seen its shares fall 42% from their 2025 highs. Despite this, the company remains a promising investment due to its leading position in global e-commerce and potential for growth.
- Global-e’s improving margins and wide moat show its strength in the market. The company’s low valuation, trading at 37 times free cash flow, presents an attractive opportunity for investors looking to capitalize on its growth potential.
Read more at Nasdaq: 1 Spectacular Tech Stock Down 42% to Buy Hand Over Fist During the Nasdaq Sell-Off