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Stock impact report

Why Traders Just Made A Big Negative Bet On Shopify (SHOP) Before Earnings [Yahoo! Finance]

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: Yahoo! Finance
On April 9, bearish options flow was noted in Shopify Inc. (NASDAQ:SHOP), with 12,004 puts trading, roughly four times normal volume. The most active contracts were May $80 puts and weekly May $75 puts, while the put/call ratio climbed to 5.19. Although some traders appear cautious ahead of earnings expected on May 7, heavy short-term hedging activity often emerges around high-profile growth names and can create attractive entry points for long-term investors. Volatility around earnings frequently reflects uncertainty rather than deterioration in fundamentals, and Shopify has repeatedly demonstrated an ability to outperform expectations over time. On April 6, Wells Fargo lowered its price target on Shopify Inc. (NASDAQ:SHOP) to $166 from $191 while maintaining an Overweight rating. Importantly, the firm reiterated confidence that “agentic commerce” — AI-powered automated shopping and selling experiences — will become a meaningful growth driver, with Shopify positioned as one of the Show less Read more
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