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Shopify's revenue grew by a healthy 23% year over year to $1.9 billion as more small businesses and merchants signed up for its online storefront solutions. But net income fell from $75 million to ...
Shopify (NYSE: SHOP) stock plunged following its first-quarter earnings. While its 23% yearly revenue growth closely approximated its performance in past quarters, a forecast for lower Q2 revenue ...
Looking ahead, Shopify forecast second-quarter revenue growth to slow to a high-teens percentage rate. Adjusting for the sale of its logistics business, that would equal growth in the low- to mid ...
Shopify stock was especially susceptible to a post-earnings sell-off because of its expensive valuation, though it has pulled back from 13.6 times trailing-12-month sales to 10.2. There are still ...
Less than two weeks into 2022, financial markets have already seen their fair share of turbulence. As the omicron variant continues to spread, companies are forced to adapt and prepare for more ...
The recent sell-off in tech stocks has led to divergent views on Shopify (NYSE:SHOP). Others look to the enormous growth of Shopify stock as filling the niche that Amazon (NASDAQ:AMZN) cannot ...
The consensus rating from 29 analysts covering Shopify stock is “buy,” and their composite price target is $1,770.36 — a significant downgrade from $2,073.23 in early November but still well ...
Shares of Shopify (NYSE:SHOP) surged to fresh all time highs after the ecommerce solutions provider delivered first quarter numbers that blew past expectations, while hiking its full-year revenue ...
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