Bigcommerce (NASDAQ:BIGC) Stock Falls 3.4% – Here’s Why

Bigcommerce Holdings, Inc. (NASDAQ:BIGC – Get Free Report)’s stock price fell 3.4% during mid-day trading on Monday. The stock traded as low as $3.4350 and last traded at $3.44. 499,725 shares were traded during mid-day trading, a decline of 37% from the average session volume of 798,526 shares. The stock had previously closed at $3.56.

Bigcommerce Stock Up 9.2%

The firm has a market cap of $304.37 million, a P/E ratio of -17.27 and a beta of 1.15. The business has a fifty day moving average of $2.89 and a 200 day moving average of $2.93.

About Bigcommerce

(Get Free Report)

BigCommerce Holdings, Inc operates an open software-as-a-service e-commerce platform that enables businesses to create, manage and grow online stores. Its platform supports digital storefronts, product catalogs, payments, order management, shipping, marketing and analytics, helping merchants sell directly to consumers and through other sales channels.

The company provides tools for businesses of various sizes, including enterprise and business-to-business merchants. BigCommerce supports traditional online storefronts as well as headless commerce, which allows companies to separate the customer-facing experience from the underlying commerce infrastructure.

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