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JimmyChua
02-13

Over priced?

Shopify Beats Quarterly Revenue Estimates on Holiday Quarter Demand

Feb 13 - Canada's Shopify, topped Wall Street estimates for fourth-quarter revenue on Tuesday, riding on demand for its ecommerce services from merchants during the holiday shopping season. While the shares dropped 10.2% in morning trading.Shopify, which offers tools and services for businesses to set up their online stores, has launched new tools and offerings along with artificial intelligence products to stay ahead in a competitive e-commerce space.Total revenue was $2.14 billion for the thr

Shopify Beats Quarterly Revenue Estimates on Holiday Quarter Demand

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N30
·02-13
Ya very likely, as price pullback despite beating estimates
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