YOUR BUSINESS AUTHORITY

Springfield, MO

Log in Subscribe

Shopify stock declines as revenue, merchandise volume miss expectations

Posted online

Shopify's stock dropped on Tuesday as the company's revenue and merchandise volume missed expectations.

The company's stock fell 7% on Tuesday and as much as 17% at one point in the session.

Revenue was $3.7 billion, while gross merchandise volume reached $119 billion. 

Read more from Quartz.

Comments

No comments on this story |
Please log in to add your comment
Editors' Pick
Business Spotlight: Stories Worth Telling

Loveography preserves both life stories and love stories in a keepsake that won’t fade.

Most Read
Update cookies preferences