SHOP News and Press, Shopify Inc. Class A Subordinate From 05/10/24

2024-05-10 08:03:00 ET Shares of e-commerce and payment platform provider Shopify (NYSE: SHOP) plunged following the company's first-quarter earnings release this week. Is the sell-off a buying opportunity or a sign of potentially more trouble ahead? Shopify's financial results ...

2024-05-10 04:20:00 ET Shares of Shopify (NYSE: SHOP) are trading down after the company's first-quarter earnings report. The company delivered solid growth on the top and bottom lines, with revenue beating Wall Street's consensus estimate, but it seems the quarter wasn't strong eno...

2024-05-09 15:05:14 ET Summary Shopify's CEO, Tobi Lütke, prioritizes long-term market value over short-term profits, aligning with strategies seen at Amazon, aiming for sustained growth and market presence. Despite high current valuations and its large market cap, Shopify is...

2024-05-09 14:02:49 ET More on Affirm Affirm stock falls after fiscal Q3 earnings beat; issues strong FQ4 guidance (updated) Affirm Holdings, Inc. (AFRM) Q3 2024 Earnings Call Transcript Affirm: Acceleration Across The Board Affirm Holdings: Hard To Win Again...

2024-05-09 11:54:00 ET There's no sugarcoating it. Shopify (NYSE: SHOP) got clobbered after releasing its earnings report on Wednesday. The e-commerce software superstar posted solid first-quarter results, but its guidance for the second quarter was a bit light of what Wall Stre...

2024-05-08 19:15:01 ET Piper Sandler analyst issues NEUTRAL recommendation for SHOP on May 8, 2024 05:27PM ET. The previous analyst recommendation was Underweight. SHOP was trading at $62.73 at issue of the analyst recommendation. The overall analyst consensus : BUY. ...

2024-05-08 19:00:03 ET Clarke Jeffries from Piper Sandler issued a price target of $63.00 for SHOP on 2024-05-08 17:27:00. The adjusted price target was set to $63.00. At the time of the announcement, SHOP was trading at $62.73. The overall price target consensus is at $...

2024-05-08 18:11:12 ET Shares of Affirm (NASDAQ: AFRM) , the buy now, pay later (BNPL) specialist, finished lower today as weak guidance from Shopify (NYSE: SHOP) seemed to overshadow an otherwise solid third-quarter earnings report from Affirm. As a result, Affirm stock...

2024-05-08 18:00:04 ET Scott Devitt from Wedbush issued a price target of $68.00 for SHOP on 2024-05-08 14:59:00. The adjusted price target was set to $68.00. At the time of the announcement, SHOP was trading at $62.73. The overall price target consensus is at $86.66 wit...

2024-05-08 16:08:00 ET Summary Shopify Inc.'s Q1 2024 earnings were disappointing, but at first glance, there was nothing to suggest a 20% drop in the share price. Underneath the surface, however, the stock price remains very sensitive to even slight changes regarding future growt...