📈 Shopify: Shares rocket 25% after great results and optimistic holiday predictions! 🎉

Shopify $SHOP, a Canadian e-commerce company that makes it easy for entrepreneurs to run online stores, reported exceptional third quarter results. Its stock is up more than 25 %. This jump is not only due to great sales, but also a positive outlook for the holiday shopping season. 🎄

Shares of $SHOP are up more than 20% today after the results, that's pretty solid growth. Revenue was up 26% and overall results were very good (more at Flash News). The stock has only been rising lately and there aren't many opportunities to buy at a lower price. Interesting company for me, but I don't need to have $SHOP stock in my portfolio.

What's your take on $SHOP?

Shopify reported earnings today and the stock shot up 20%. For me, an interesting stock maybe for some speculation, but not really as an investment.

What do you think of $SHOPstock ?

Shares of $SHOP plunged 18% yesterday following the results. It's an interesting company, it's growing really fast and the potential is still pretty big there, but it's too big a risk for me.

Are you buying $SHOPstock in this downturn?

📊📅 Another week is here and with it a list of interesting things to follow:

🔍On Monday, I'll be tracking company results after the markets close. We'll have results fromPalantir $PLTR, Realty Income $O and Lucid $LCID.

U Palantir I expect interesting results and an important look at the future of this company.

🍏On Tuesday ,Apple $AAPL event is taking place, which will be mostly...
Read more

SHOPIFY SHARES DROP

- Shares of Shopify $SHOP fell 13% after the company released its quarterly results, despite beating estimates.

- Shopify $SHOP's revenue and gross merchandise volume saw growth.

- The drop in stock value is likely due to concerns about costs and the outlook for the future.

- Shopify $SHOP's underlying fundamentals are still sound.

- Despite Friday's stock drop...
Read more

On a purified basis the company reported earnings per share of 34 cents, up from 7 cents a year ago and beating the FactSet consensus of 30 cents. The company's revenue also increased to $2.1 billion from $1.7 billion.

Gross Merchandise Volume(GMV)also saw an increase. It rose 23% to $75.1 billion, beating analysts' expectations of $72.2 billion. The company highlighted this in...
Read more

I don't see $SHOP being talked about here. But I'd say it's worth mentioning.

The company posted mostly positive Q1 results today, and gained +25% right after the market opened. 🟢

But what has caused such growth from my perspective is news that suggests the company could be headed in a good direction.
- Laying off 20% of employees
- Selling all logistics assets where there was...
Read more