Shopify Stock news and trends

Shopify Stock Tanks Post-Retail Sales Tax Decision

June 28, 2018
Shopify Beats On Q1 Earnings, Signals Growth To Come
Earnings // May 03, 2017

Shopify (SHOP) saw shares hit all-time highs upon the release of the eCommerce platform’s earnings report for Q1 2017. SHOP shares were trading up 7.86 percent to $83.33 in the early afternoon on Tuesday. For the quarter, Shopify reported revenue growth in the period ending...

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Shopify Stock Tanks Post-Retail Sales Tax Decision

June 28, 2018
Shopify’s stock fell on Wednesday (June 27) following a recent U.S. Supreme Court ruling that will enable states to collect more online taxes. According to Investor’s Business Daily, the Canada-based company’s shares closed down 6.6 percent to 144.70, falling below its 50-day moving average. Last week, the U.S. Supreme Court ruled that states can collect taxes […]

Shopify Beats On Q1 Earnings, Signals Growth To Come

May 03, 2017
Shopify (SHOP) saw shares hit all-time highs upon the release of the eCommerce platform’s earnings report for Q1 2017. SHOP shares were trading up 7.86 percent to $83.33 in the...