Shopify shares jumped 20% after the company reported better-than-expected revenue and gave a bullish outlook for the holiday season. One notable bonus for the online-retail services company is that an increasing share of sales volume is being processed by its own payment business offering. In "Heard on the Street Tuesday Recap: Yield Sign" on Nov. 12 at 5:45 p.m. ET, a second reference to online-retail services company Shopify was written as Spotify, which is a different company.
(END) Dow Jones Newswires
November 14, 2024 10:48 ET (15:48 GMT)
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