Sign in
Stories
Shopify's Revenues and Stock Decline
Share
Earnings Report: CE 100 Index Slips, App...
JOKOLADE's Online Store Enhanced by beec...
KeyBanc's Growth Projections for On Hold...
Lululemon's Mixed Sales and Holiday Outl...
Overview
API
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.
Ask a question
How might Shopify's light guidance impact investor confidence and future market positioning?
How might the offloading of its last-mile Deliverr and fulfillment units to Flexport affect Shopify's future growth and market position?
What strategies could Shopify employ to regain its stock momentum amidst the light guidance?
Article Frequency
0.2
0.4
0.6
0.8
1.0
Nov 2023
Dec 2023
Jan 2024
Feb 2024
Coverage