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OverviewAPI
Shopify's merchant solutions revenues rose by 21% to $1.6 billion in 2022, driven by increased gross merchandise volume and Shop Pay's faster checkout. However, the company's stock dropped 8% after reporting light guidance for the current period, leading to a 9% decline in its shares. Despite strong earnings, the light guidance overshadowed the results, prompting a neutral rating from Wedbush analysts.

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