Piper Sandler analysts Clark Jeffries and Wayne Trinh have downgraded Shopify stock to Underweight from Neutral, citing "an untenable valuation." They also lowered their price target to $56 from $58.…
Shares of Shopify Inc. (SHOP, +0.34%) dropped approximately 1% in after-hours trading on Monday following a rating downgrade by Evercore ISI analyst Mark Mahaney. Mahaney revised his rating on the…
Stock futures took a tumble on Thursday, indicating that the equities market would continue its downward trend. The drop in stock futures followed a downgrade in U.S. government debt. Amidst…
Shopify, the leading e-commerce software provider, has reported better-than-expected results for the second quarter, causing a surge in its shares during after-hours trading on Wednesday. Impressive Revenue Growth In Q2,…
(Shopify) Shares of Shopify traded 17% lower on Thursday after posting a revenue of $1.2 billion in the first quarter of the year, below estimates of $1.24 billion. The revenues…
(Shopify) Shopify is proposing a 10-for-1 stock split in a move that seeks changes to its share structure to protect the company’s voting power. The Canadian e-commerce giant said it…
Shopify's fourth-quarter revenue was $977.7 million, up 94% from the comparable quarter of 2019, according to the company's press release. The revenue was fueled by gross merchandise volume, which rose…