Shares of Shopify (NYSE: SHOP), the most popular e-commerce software platform in the U.S., have risen by more than 2,000% since going public in 2015. The S&P 500, for comparison, rose by just 195% over the same period. The best news is that Shopify stock could rise another 2,000% in the years to come. If you’re […]
E-commerce giant Shopify has scored a legal victory after a Delaware, US, federal court overturned a jury’s decision that required the company to pay $40m for patent infringement, Reuters reported. The lawsuit, filed by patent-holding plaintiff Express Mobile in 2019, alleged Shopify’s website-building tools infringed on its patents related to mobile content delivery. According to […]
All eyes were on Shopify (NYSE: SHOP) last week as it reported its first-quarter earnings results. With the stock up over 120% in the lead-up to the earnings release, investors had high expectations, so its weak outlook was met with severe consequences. Shopify stock has plunged 24% since then. Is this short-term dip a buying […]
Shares of Shopify (NYSE: SHOP) sank after the e-commerce software company posted solid first-quarter results, but issued disappointing guidance. Let’s dive into the company’s most recent results and guidance to see if investors should buy the dip. The stock is now down about 20% year to date. Strong results, but lackluster outlook Despite the stock’s […]
Fool.com contributor Parkev Tatevosian explains why Shopify (NYSE: SHOP) stock is down and lets you know if that’s a buying opportunity. *Stock prices used were the afternoon prices of May 9, 2024. The video was published on May 11, 2024. Should you invest $1,000 in Shopify right now? Before you buy stock in Shopify, consider […]
Shares of e-commerce and payment platform provider Shopify (NYSE: SHOP) plunged following the company’s first-quarter earnings release this week. Is the sell-off a buying opportunity or a sign of potentially more trouble ahead? Shopify’s financial results show a fast-growing company. But that doesn’t mean the stock is a buy. The company’s market capitalization, currently standing […]
Shopify (NYSE: SHOP) stock declined significantly this week. Shares dropped 16% through Thursday trading as compared to a 1.5% rally in the wider market, according to data provided by S&P Global Market Intelligence. That slump added to a tough year so far for owners of the e-commerce infrastructure platform, which is down 20% in 2024, […]
Shopify’s stock hit its lowest price in six months on Wednesday morning, following the commerce infrastructure company’s Q1 earnings announcement. The company reported a 23 percent increase in revenue compared to last year. Adjusted for the impact of Shopify’s sale of its logistics business to Flexport in 2023, the company has seen 29 percent year-over-year […]
Shopify plunged Wednesday after the Canadian company that helps retailers with online sales warned of easing revenue growth and thinner margins in the current quarter. That caught a lot of investors off guard after the company rebounded strongly from the pandemic and started 2024 with a bang. Shopify Inc. is predicting that revenue will climb […]
Shares of Shopify (NYSE: SHOP) were getting torched today after the high-priced e-commerce stock posted solid results in the first quarter, beating estimates, but investors balked at its outlook for the second quarter. As a result, the stock was down 19.8% as of 10:39 a.m. ET on Wednesday. Image source: Getty Images. Shopify comes up […]
In this video, I will cover Shopify‘s (NYSE: SHOP) first-quarter earnings report, which beat on the top and bottom lines, but that wasn’t enough to satisfy the market. *Stock prices used were from the trading day of May 7, 2024. The video was published on May 8, 2024. Where to invest $1,000 right now When […]
(Reuters) -Canadian e-commerce platform Shopify forecast its slowest quarterly revenue growth in two years against the backdrop of an uncertain economy and tepid consumer spending, sending its U.S. shares slumping 16.5% in premarket trading. While e-commerce growth has been normalizing after a post-pandemic slump, consumers have been looking to cut down on costs, putting Shopify […]