Patmos
11-04
$Shopify(SHOP)$  Steady as she goes convenient shopify
Shopify Earnings: Can the AI Checkout Magic Continue?
Shopify will release its third-quarter earnings soon. The stock has rallied since launching its "Instant Checkout" feature in collaboration with artificial intelligence leader OpenAI. Last Wednesday, Shopify hit a new record high of $182. The e-commerce software provider delivered strong results last quarter, with revenue rising 31% yoy to $2.68 billion. Shopify’s implied move stands at ±10.77%. Over the past 5 earnings releases, Shopify’s stock rose 58.33% of the time, with the largest single-day gain being +23.84% and the largest drop being -18.59%.
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