From August 25 to now, CNN reports that global bond yields are surging. At the same time, CNBC data shows that the 30-year U.S. Treasury yield is at a high of 5.2%. As a high-growth technology stock, Shopify's valuation is extremely sensitive to long-term interest rates. Over the past 24 hours, $SHOP has fallen 3.61% to 146.99, which is a direct reflection of how macro interest-rate pressures are being transmitted.

Trading tag: #TradFi #链上美股 #SHOP

Where do you think this assessment is most likely to be wrong?