Amid the Covid-accelerated shift from brick and mortar stores to online shopping, cloud commerce platform Shopify continues to clean up. Read More WSJ.com: Markets...

Prior Research on Value and Profitability Factors The 1997 publication of Mark Carhart’s paper “On Persistence in Mutual Fund Performance” led to the four-factor model, which added momentum to market beta, size, and value, becoming the workhorse model in finance—replacing the Fama-French three-factor model. The...