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Shopify Plunges as Revenue Misses for First Time Since 2022

Source: Bloomberg

Corporate EarningsCompany FundamentalsAnalyst Estimates
Shopify Plunges as Revenue Misses for First Time Since 2022

Shopify shares fell as much as 20% in premarket trading after quarterly revenue missed analysts’ expectations for the first time since 2022. Shares had already lost 3% year to date through Monday’s close.

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