Hootsuite to lay off 30 per cent of staff amid tech sector downturn [Globe and Mail, The (Toronto, Canada)]
Shopify Inc. Class A Subordinate Voting Shares (SHOP)
Last shopify inc. class a subordinate voting shares earnings: 2/12 07:00 am
Check Earnings Report
US:NYSE Investor Relations:
investors.shopify.com/home/default.aspx
Company Research
Source: Globe and Mail, The
The social-media management company Hootsuite Inc., a beacon of Canada's tech sector in the early 2010s, told employees Tuesday that it would lay off 30 per cent of its staff worldwide. The company confirmed the news Tuesday morning. “We want to be very clear this decision is not a reflection on them, or their work,” chief executive officer Tom Keiser said in an e-mailed statement. “We need to refocus our strategies to drive efficiency, growth and financial sustainability.” Hootsuite had about 1,400 employees in late June, up from less than 1,200 in January, but Mr. Keiser acknowledged earlier this summer that the broad downturn of the tech sector would reduce its hiring plans. Many tech companies are reducing costs at a rapid pace amid significant macroeconomic uncertainty prompted by high inflation and rising interest rates. Other prominent Canadian tech companies have announced significant layoffs in recent weeks, including Shopify Inc. ( 10 per cent ), CFT Clear Finance Tec
Show less
Read more
Impact Snapshot
Event Time:
SHOP
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SHOP alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SHOP alerts
High impacting Shopify Inc. Class A Subordinate Voting Shares news events
Weekly update
A roundup of the hottest topics
SHOP
News
- Shopify: Wait For The Inevitable Dip [Seeking Alpha]Seeking Alpha
- Do You Believe in the Growth Prospects of Shopify (SHOP)? [Yahoo! Finance]Yahoo! Finance
- Shopify: A Growth Story That Needs A Shift In Course [Seeking Alpha]Seeking Alpha
- Shopify: Aggressive Expansion Path [Seeking Alpha]Seeking Alpha
- Shopify (SHOP) Registers a Bigger Fall Than the Market: Important Facts to Note [Yahoo! Finance]Yahoo! Finance
SHOP
Earnings
- 2/13/24 - Beat
SHOP
Sec Filings
- 3/22/24 - Form 144
- 3/22/24 - Form 144
- 3/22/24 - Form 144
- SHOP's page on the SEC website