EconomicUnited States·3 Nov 2026
Shopify Shares Fall Following Third Quarter Revenue Miss
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Shopify shares fell up to 20% in New York premarket trading following the company's third-quarter revenue of $3.74 billion, which missed the Bloomberg Consensus estimate of $3.75 billion. The decline was driven by a miss in subscription revenue and gross merchandise volume, alongside analyst concerns regarding gross margin headwinds linked to AI-related…
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