Shopify stock slump offers entry point for traders as earnings loom [Financial Post (Toronto, Ontario, Canada)]
Shopify Inc. Class A Subordinate Voting Shares (SHOP)
Last shopify inc. class a subordinate voting shares earnings: 2/12 07:00 am
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US:NYSE Investor Relations:
investors.shopify.com/home/default.aspx
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Source: Financial Post
You can save this article by registering for free here . Or sign-in if you have an account. A recent slump in Shopify Inc. 's share price has set up a compelling entry point for investors ahead of Wednesday's highly-anticipated earnings release, according to three new Wall Street bulls. Down 15 per cent from a February peak, the shares currently have the most buy ratings since 2022. Analysts at BNP Paribas SA, Citigroup SA and Morgan Stanley upgraded their ratings to buy-equivalent in the past month. Article content Article content “We definitely think it has a long-term place in the e-commerce world,” said David Klink, a senior analyst at Huntington National Bank. With Shopify and some peers stuck below their all-time highs, “those names just got clobbered over the last few years. You wonder if maybe it's gone a little bit too far.” After rallying more than 120 per cent last year, Shopify shares have struggled in light of the company projecting higher operating costs tha
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News
- Proxy advisers recommend investors vote ‘no' on Shopify executive pay [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Avalara Expands Partnership with Shopify to Enable Global Tax Compliance for Merchants [Yahoo! Finance Canada]Yahoo! Finance Canada
- Shopify Inc. (SHOP) is Attracting Investor Attention: Here is What You Should Know [Yahoo! Finance Canada]Yahoo! Finance Canada
- Avalara Expands Partnership with Shopify to Enable Global Tax Compliance for Merchants [Yahoo! Finance]Yahoo! Finance
- Avalara Expands Partnership with Shopify to Enable Global Tax Compliance for MerchantsPR Newswire
SHOP
Earnings
- 5/8/24 - Beat
SHOP
Sec Filings
- 5/17/24 - Form 144
- 5/10/24 - Form SC
- 5/8/24 - Form 6-K
- SHOP's page on the SEC website