May 9, 2024, 6:28 PM
May 7, 2024, 1:10 PM

Shopify shares plummet on disappointing second-quarter revenue forecast

Highlights
  • Shopify's shares dropped 18% after the company provided a weak guidance for the second quarter.
  • The Canadian e-commerce platform expects slower revenue growth compared to previous quarters.
  • Investors view the stock slump as a potential entry point ahead of the upcoming earnings release.

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