shopify

Shopify (NYSE: SHOP) Stock Slides 20% on Weak Q2 Outlook

Shopify (NYSE: SHOP) stock plunged about 20% in intraday trading after the company provided lower-than-expected guidance for the current quarter. E-commerce giant Shopify (SHOP) issued guidance below forecasts, signaling a slowdown in sales growth and continued effects from the sale of its logistics business last year. The renowned retail platform expects revenue growth in the high …

READ MORE

Uh-oh! It looks like you're using an ad blocker.

Our website relies on ads and the generous support of readers like you to keep delivering free, high-quality content. Right now, we are facing serious funding challenges and we need your help more than ever. Disable your ad blocker and this message will vanish. You can also sign up for a membership to enjoy an ad-free experience while supporting our work: https://citizenwatchreport.com/plans/subscriptions/ Your support helps us stay independent, continue our work, and keep content free for everyone. We truly appreciate your understanding and thank you for standing with us.