Why Shopify Stock Tumbled Today
Shares of Shopify (NYSE: SHOP) were getting torched today after the high-priced e-commerce stock posted solid results in the first quarter, beating estimates, but investors balked at its outlook for the second quarter.
As a result, the stock was down 19.8% as of 10:39 a.m. ET on Wednesday.
Image source: Getty Images.
Source Fool.com
Shopify Inc Stock
€106.00
-0.230%
The community is currently still undecided about Shopify Inc with 2 Buy predictions and 0 Sell predictions.
With a target price of 119 € there is a slightly positive potential of 12.26% for Shopify Inc compared to the current price of 106.0 €.


