Latest Shopify Inc News

Uber, Shopify fall; Lyft, Arista Networks rise, Wednesday, 5/8/2024

May. 08, 2024 16:15 PM EDT

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes on Wednesday: Uber Technologies Inc., down $4.03 to $66.40. The ride-hailing company reported a surprising first-quarter loss and disappointing bookings results. Shopify Inc.,...

Shopify's shares tumble on weak outlook after a very strong start to 2024

May. 08, 2024 14:27 PM EDT

Shares of Shopify plunged Wednesday after the Canadian company that helps retailers with online sales warned of easing revenue growth and thinner margins in the current quarter. That caught a lot of investors off guard after the company rebounded strongly from the pandemic and...

Shopify: Q1 Earnings Snapshot

May. 08, 2024 07:30 AM EDT

OTTAWA, Ontario (AP) — OTTAWA, Ontario (AP) — Shopify Inc. (SHOP) on Wednesday reported a loss of $273 million in its first quarter. On a per-share basis, the Ottawa, Ontario-based company said it had a loss of 21 cents. Earnings, adjusted for one-time gains and costs, were 20...