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Cathie Wood Bought $12.5 Million of Shopify as It Tanked
Source: 247wallst.com
Corporate EarningsCompany FundamentalsInvestor Sentiment & Positioning
Shopify shares cratered after a rare revenue miss, while ARK Invest bought shares the same day. The article questions whether Shopify’s fundamentals support its 141x earnings multiple; it gives no revenue figures or magnitude for the stock decline.
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Overall Sentiment
mildly negative
Sentiment Score
-0.20
Ticker Sentiment
SHOP-0.70
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