Shopify (SHOP) Misses Q1 EPS by 80c, Revenues Misses
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May 6, 2022 8:06 AM EDT
Jefferies analyst Samad Samana lowered the price target on Shopify (NYSE: SHOP) to $550.00 (from $1,350.00) while maintaining a Buy rating following earnings.
The analyst commented, "A few incremental takeaways after the call were: 1) a rebalancing in consumer spending toward services and... More
May 5, 2022 6:56 AM EDT
Shopify (NYSE: SHOP) announced:
The largest acquisition in Shopifys history will create an end-to-end logistics platform to unlock fast and easy fulfillment for millions of merchantsShopify Fulfillment Network (SFN) and Deliverr are combining to remove supply chain complexity for merchants of all sizes, on and off Shopify, democratizing access to end-to-end logistics for independent brands for the first timeDeliverrs technology strengthens SFNs ability to manage merchant inventory from port to porch as it travels to the warehouse network, gets distributed across sales channels, and ultimately arrives at the...
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May 4, 2022 10:52 AM EDT
Shopify (NYSE: SHOP) May weekly call option implied volatility is at 201, May is at 111; compared to its 52-week range of 35 to 97 into the expected release of quarter results on May 5.
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