13 02, 2024

Shopify Falls 10% Despite Earnings Beat, as Expense Growth is Concerning: Time to Sell SHOP?

By |2024-02-13T18:37:48+00:00February 13th, 2024|Categories: Feature: Stock Market Investing, Featured: News, Stocks in the News|Tags: , , , , , , , , |

Shopify Inc. (SHOP) shared fourth-quarter earnings that exceeded analyst expectations, and yet, the stock is down more than 10% so far in Tuesday morning’s trading session. It’s the outlook for expenses that has investors and analysts concerned. The e-commerce platform provider posted a net income of $657 million for Q4, a dramatic turnaround from [...]

2 11, 2023

Shopify is Up 22% After Impressive Earnings and Upbeat Guidance – Time to Buy This Stock?

By |2023-12-07T19:48:36+00:00November 2nd, 2023|Categories: Feature: Stock Market Investing, Featured: News, Stocks in the News|Tags: , , , , , , |

Shopify (SHOP) shares got a nice 22% boost in Thursday morning’s trading session after the company reported third-quarter earnings that beat expectations on both the top and bottom lines. The e-commerce platform also provided upbeat guidance for the remainder of the year. Revenue of $1.71 billion outperformed the analyst expectation of $1.67 billion. This [...]

31 08, 2023

Shopify Gets a Boost From Amazon Partnership, But Is it Enough to Justify Buying This Stock?

By |2023-12-07T19:53:25+00:00August 31st, 2023|Categories: Feature: Stock Market Investing, Featured: News, Stocks in the News|Tags: , , , , , , |

Amazon announced that it has reached an agreement for an enhanced collaboration with Shopify (SHOP) yesterday after the market closed. Shares rose in extended trading and they picked right back up this morning, as the stock has gained more than 9% so far in Thursday’s session. Amazon and Shopify already had a partnership in [...]

4 05, 2023

Shopify Stock is Up After Selling Logistics Business to Narrow Focus: 2 Things For Investors to Weigh

By |2023-12-07T20:56:23+00:00May 4th, 2023|Categories: Feature: Stock Market Investing, Featured: News, Stocks in the News|Tags: , , , |

Shopify (SHOP) investors were delighted to witness a 27%+ jump in stock price this morning. But, those who have been invested in the company for a while are even more excited about the long-term outlook for the company, as the news that got us here today is that Shopify announced the sale of its [...]

23 01, 2023

Shopify Surges on Rumors of Major Brands Migrating to Platform: Is Now the Time to Buy?

By |2023-12-07T21:04:41+00:00January 23rd, 2023|Categories: Feature: Stock Market Investing, Featured: News, Stocks in the News|Tags: , , , |

After a tough 2022 for Shopify, it appears things are headed back in the right direction - and analysts at Deutsche Bank have taken a strong bullish stance on the stock. What are they seeing that caused them to change their rating for SHOP from HOLD to BUY? And, is now the time for [...]

27 10, 2022

Shopify’s Q3 Earnings Report is a Step in the Right Direction…but is it Time to Buy Yet?

By |2023-12-07T21:11:08+00:00October 27th, 2022|Categories: Feature: Stock Market Investing, Featured: News, Stocks in the News|Tags: , , , , |

Shopify has made moves this morning after reporting Q3 earnings that were better than anticipated. So far, the cloud-based eCommerce platform is up 18% as of 1:30 pm EST. And while this is definitely a step in the right direction, investors and analysts alike are still not sure the time is quite right for Shopify.Nevertheless, [...]

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