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Shopify shares fall approximately 9% following Q3 earnings release

The Motley Fool +1 · ·by G4L

SHOP Shopify Inc
$146.78 -1.66%
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  1. 1Shopify's Q3 revenue reached $3.7 billion, achieving a 32% year-over-year revenue growth rate.
  2. 2Shopify's Q3 free cash flow surged 61% to $816 million.
  3. 3Shopify shares fell approximately 9% on Tuesday.

So what's the key point?

Shopify's Q3 revenue was $3.7 billion. However, the stock price fell approximately 9%.

Source The Motley Fool +1 · View original ↗

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