Tag: $Shopify

Shares of Shopify tumbled 5.9% on Monday after the widely used e-commerce platform reported technology issues impacting some merchants. Shoppers were still able to browse and purchase from online storefronts, a spokesperson told Barron’s.

Shopify (SHOP.TO) projected strong fourth-quarter revenue growth on Tuesday, signaling resilient demand at the e-commerce company as retailers gear up for the all-important holiday shopping season.

Shopify (NASDAQ:SHOP) shares rallied 18% in premarket trading on Wednesday after the company posted better-than-expected results for the second quarter and offered a bright revenue growth outlook for the current quarter.

Shopify’s downbeat first-quarter profit outlook spooked investors on Tuesday, even as the e-commerce company posted better-than-expected holiday-quarter sales on the back of healthy consumer spending and its rollout of AI features.

Shopify forecast fourth-quarter revenue growth above estimates on Tuesday, as the Canadian company’s focus on employing AI-powered tools attract more merchants to its e-commerce services ahead of the all-important holiday season.

Shares of Shopify were charging sharply higher Wednesday after the e-commerce platform turned in a strong quarterly report.

Shopify stock is surging in premarket trading Thursday after the e-commerce platform handily topped earnings and sales estimates.

Roku ROKU +11.14% stock surged Tuesday after the streaming TV platform company said it was teaming with the e-commerce software company Shopify SHOP +1.72% to allow viewers to buy products directly through their TVs from Shopify merchants.