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Why Is Shopify Stock Down After Earnings?

TheMotleyFool

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Why Is Shopify Stock Down After Earnings?: https://g.foolcdn.com/editorial/images/765122/shop.jpg

In this video, I will cover 's (NYSE: SHOP) fourth-quarter earnings report, which beat on the top and bottom lines but wasn't enough to satisfy the market.

*Stock prices used were from the trading day of Feb. 12, 2024. The video was published on Feb. 13, 2024.

Source Fool.com

Shopify Inc Stock

We can see a decrease in the price for Shopify Inc. Compared to yesterday it has lost -€0.560 (-1.020%).
Currently there is a rather positive sentiment for Shopify Inc with 4 Buy predictions and 0 Sell predictions.
As a result the target price of 75 € shows a positive potential of 38.35% compared to the current price of 54.21 € for Shopify Inc.

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