Shopify founder Tobi Lütke throws shade on the analysts who are down on his company

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Shopify founder Tobi Lütke throws shade on the analysts who are down on his company — via financialpost

Shopify’s share price skyrocketed during the pandemic, peaking at about $2,140 on Nov. 19, 2021, compared with about $700 in mid-February 2020. But investors have grown less enthusiastic about companies that put growth ahead of profits. Shopify dropped about 21 per cent last week, wiping out all of its pandemic gains. The stock was down another six per cent at midday in Toronto on May 9, trading around $455 amid a broader market decline.

But Lütke said the role could be more transparent, alleging that analysts often mask their failures with jargon.

 

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financialpost 2005 called....they want their headline back

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Shopify founder Tobi Lütke throws shade on the analysts who are down on his companyShopify founder Tobi Lütke throws shade on the analysts who are down on his company — via financialpost financialpost Throws shade? financialpost Says the ceo who said nothing about “supply chain” issues in their October earnings when every other business did. Analysts don’t have a crystal ball especially when you withhold information!
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Shopify founder Tobi Lütke throws shade on the analysts who are down on his companyBut followers urge CEO to focus on company and not worry so much about share price my work Ah. Yes. Well, he will find me distinctly lacking in empathy. 'Schadenfreude' is more applicable here.
Källa: nationalpost - 🏆 10. / 80 Läs mer »

Shopify founder Tobi Lütke throws shade on the analysts who are down on his companyBut followers urge CEO to focus on company and not worry so much about share price my work Ah. Yes. Well, he will find me distinctly lacking in empathy. 'Schadenfreude' is more applicable here.
Källa: nationalpost - 🏆 10. / 80 Läs mer »

Shopify founder Tobi Lütke throws shade on the analysts who are down on his companyShopify founder Tobi Lütke throws shade on the analysts who are down on his company — via financialpost financialpost Throws shade? financialpost Says the ceo who said nothing about “supply chain” issues in their October earnings when every other business did. Analysts don’t have a crystal ball especially when you withhold information!
Källa: nationalpost - 🏆 10. / 80 Läs mer »

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