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Why Is Shopify Stock Plummeting After Earnings?

TheMotleyFool

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Why Is Shopify Stock Plummeting After Earnings?: https://g.foolcdn.com/editorial/images/776433/shop.jpg

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

*Stock prices used were from the trading day of May 7, 2024. The video was published on May 8, 2024.

Source Fool.com

Shopify Inc Stock

Shopify Inc shows a slight decrease today, losing -€0.320 (-0.600%) compared to yesterday.
Our community is currently high on Shopify Inc with 4 Buy predictions and 0 Sell predictions.
With a target price of 75 € there is a positive potential of 40.82% for Shopify Inc compared to the current price of 53.26 €.

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