multiple

Kennett and colleagues from multiple institutions examined this issue in detail in a study published in the Proceedings of the National Academy of Sciences.

“However, valuations were partially insulated by more modest moves in multiples, suggesting the market was willing to partially look through these,” Jefferies says.

The company has long provided merchants with multiple automated tools across its platform, and is now “the default e-commerce platform,” says Anthony Chukumba, an analyst at Loop Capital.

The company has long provided merchants with multiple automated tools across its platform, and is now “the default e-commerce platform,” says Anthony Chukumba, an analyst at Loop Capital.

"It was a real surprise," Brandl says, "especially for those of us who had worked in this area multiple times."