Shopify shares plunge following Q3 earnings release
SHOP Shopify Inc
$146.78 -1.66%
View chart & analysis → - 1Shopify recorded Q3 revenue of $3.74 billion.
- 2Shopify achieved a 32% year-over-year revenue growth rate.
- 3Shopify shares fell by as much as 13.2% on Tuesday.
So what's the key point?
Shopify's revenue grew by 32% compared to last year in the third quarter. However, the stock price fell by as much as 13.2%.
Source The Motley Fool +1 · View original ↗
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