reported first-quarter earnings that fell short of analysts’ expectations on profit and revenue, sending shares of the e-commerce company lower in pre-market trading on Thursday.
In pre-market trading, shares were down nearly 14 per cent, sitting at US$418 on the New York Stock Exchange around 8 a.m. Gross merchandise volume, a figure that shows the value of sales through Shopify’s platform, grew 16 per cent in the first quarter from a year earlier to US$43.2-billion. That’s also behind analyst projections of US$46.5-billion.
Sverige Senaste nytt, Sverige Rubriker
Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.
Källa: GlobalNational - 🏆 81. / 51 Läs mer »
Källa: CTVNews - 🏆 1. / 99 Läs mer »