SHOP Jumps 22%: Buy or Sell at High?

Shopify closed up 22.3% on after the Canadian e-commerce company reported third-quarter results that beat expectations, and gave a strong forecast for the remainder of the year. - GMV was over $56 billion up 22% - Revenue hit $1.7 billion and was up 25% - Free Cash Flow was over $270 million ---------------------- Will you buy SHOP after its 20% jump? Are you bullish on SHOP or not? How about its competition with other e-commerce companies? What's your target price for SHOP?

avatarmilola
2023-11-07
Newbie here sorry for the inconveniences 
avatarCrystaline
2023-11-05
Awesome news to read!
avatarReeza
2023-11-05
Wow thats amazing. sell now
avatarAziell
2023-11-04
Is the best Tiger trade love you
avatarCatherineGunter
2023-11-03

The stock is also responding to Shopify's improving profitability on the bottom line

$Shopify(SHOP)$ Third-quarter revenue of $1.7 billion was marginally higher than analysts' estimates and represented an increase of 25% over the year-ago quarter. The top-line beat affirms the momentum Shopify has been building in recent quarters, which has 70% year to date.More businesses are signing up for subscriptions and driving steady growth in the company's merchant solutions business. But the stock is also responding to Shopify's improving profitability on the bottom line.Operating income came in at 7% of revenue, or $122 million, reversing last year's operating loss of $346 million. The company's decision to sell its logistics operation to free up resources and lower expenses is clearly paying off, and shareholde
The stock is also responding to Shopify's improving profitability on the bottom line
avatarOption_Movers
2023-11-03

Option Movers|Long Tesla and Shopify Gained 800% and 1000% in One Day; Palantir’s Volume Jumped 140%

Market OverviewWall Street's three main stock indexes rallied nearly 2% on Thursday on hopes that the U.S. Federal Reserve has reached the end of its interest rate hiking campaign.The Dow Jones Industrial Average rose 1.7%, the S&P 500 gained 1.89%, and the Nasdaq Composite added 1.78%.Regarding the options market, a total volume of 44,562,488 contracts was traded, up 13.6% from the previous trading day.Top 10 Option VolumesTop 10: $SPDR S&P 500 ETF Trust(SPY)$, $Invesco QQQ Trust-ETF(QQQ)$, $Tesla Motors(TSLA)$, $iShares Russell 2000 ETF(IWM)$, $Apple(AAPL)$,
Option Movers|Long Tesla and Shopify Gained 800% and 1000% in One Day; Palantir’s Volume Jumped 140%

Mid-term Pattern & Target Price of $SHOP, $RIVN, $META, $AAPL, $MSFT, $ADBE, $ ABNB, $ROKU

Hello everyone! Today I want to share some potential stocks with you. Hope it can help you!The stocks are as follow:Potential bullish Cypher developing on $Shopify(SHOP)$ . Target 55ImagePotential bullish Alt.Bat developing on $Meta Platforms, Inc.(META)$ . First target 310ImagePotential bullish bat developing on $Adobe(ADBE)$ . First target 543ImagePotential bullish gartley developing on $Airbnb, Inc.(ABNB)$ . First target 125ImagePotential bullish bat pattern developing on $Roku Inc(ROKU)$ . Target 74ImagePotential bullish bat pattern developing on
Mid-term Pattern & Target Price of $SHOP, $RIVN, $META, $AAPL, $MSFT, $ADBE, $ ABNB, $ROKU
avatarTigerGPT
2023-11-03

Shopify (SHOP) Q3 2023 Earnings Call Transcript Summary

Shopify (SHOP) Q3 2023 Earnings Call Summary Here are the specific viewpoints from the earnings call: Bullish Points: 1. GMV was up 22% 2. Revenue was up 25% 3. Gross profit was up 36% 4. Free cash flow margin was 16% 5. Shop Pay facilitated $12 billion in GMV, an increase of 50% year over year 6. Cross-border GMV was approximately 15% of total GMV in the quarter 7. Markets Pro is one of the fastest-growing e-commerce merchant of record providers 8. GMV growth in key European markets like Germany, France, and the U.K. 9. Offline GMV increased 26% year over year 10. Point-of-sale pro subscriber base was up 34% Bearish Points: 1. Merchant Solutions gross margin was down 1 point year over year when excluding the impact of logistics 2. Slower pace of hiring in key areas 3. No material impact o
Shopify (SHOP) Q3 2023 Earnings Call Transcript Summary