13 02, 2024

Shopify Falls 10% Despite Earnings Beat, as Expense Growth is Concerning: Time to Sell SHOP?

By |2024-02-13T18:39:25+00:00February 13th, 2024|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , , , , , |

Shopify Inc. (SHOP) shared fourth-quarter earnings that exceeded analyst expectations, and yet, the stock is down more than 10% so far in Tuesday morning’s trading session. It’s the outlook for expenses that has investors and analysts concerned. The e-commerce platform provider posted a net income of $657 million for Q4, a dramatic turnaround from [...]

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2 11, 2023

Shopify is Up 22% After Impressive Earnings and Upbeat Guidance – Time to Buy This Stock?

By |2023-12-07T19:48:37+00:00November 2nd, 2023|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , , , |

Shopify (SHOP) shares got a nice 22% boost in Thursday morning’s trading session after the company reported third-quarter earnings that beat expectations on both the top and bottom lines. The e-commerce platform also provided upbeat guidance for the remainder of the year. Revenue of $1.71 billion outperformed the analyst expectation of $1.67 billion. This [...]

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