Form SC 13G/A SHOPIFY INC. Filed by: Capital Research Global Investors
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Shopify (SHOP) shares tumble following Q4 earnings
February 13, 2024 7:50 AM ESTShopify (NYSE: SHOP) shares fell more than 8% Tuesday on the back of its latest quarterly earnings.
The company reported earnings of $0.34 per share, while revenue increased 24% year-over-year to $2.1 billion.
Subscription solutions revenue increased 31% to $525 million, driven by growth in the number of merchants and... More
Shopify (SHOP) PT Raised to $90 at Truist, 'Data Suggests Upside in Shopify GMV and Likely Strong 4Q Report'
February 12, 2024 7:20 AM ESTTruist Securities analyst Terry Tillman raised the price target on Shopify (NYSE: SHOP) to $90.00 (from $65.00) while maintaining a Hold rating.
The analyst comments "In collaboration with Truist Securities Data Science team, we have concluded Shopify will likely report a strong 4Q tomorrow. Along... More
