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.,...
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...
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...