Shopify suspends guidance, indicates it banned thousands of users for COVID-19 profiteering [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
Check Earnings Report
US:NYSE Investor Relations:
investors.shopify.com/home/default.aspx
Company Research
Source: Financial Post
Shopify suspends guidance, indicates it banned thousands of users for COVID-19 profiteering Analyzing merchant data after downturn from coronavirus Ottawa-based e-commerce giant Shopify Inc. announced Wednesday that it is suspending financial guidance as the coronavirus pandemic upends its business, and the company will give more detail on how business is evolving when it reports first-quarter earnings on May 6. Shopify said it is seeing merchants offer major discounts, and the company was forced to suspend thousands of accounts for making false claims or otherwise profiteering by selling hand sanitizer or face masks. Across the economy, the conventional wisdom is that e-commerce is one of the few bright spots in the COVID-19 crisis, as social distancing measures and retail shutdowns force more people to buy goods online. The statement from Shopify doesn’t necessarily indicate that its business is hurting amid the pandemic, and the company said strong momentum through the end of 2019
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
- Tech industry warns capital gains proposals could cause ‘irreparable harm’ [Investment Executive - News]Investment Executive - News
- Shopify Inc. (NYSE: SHOP) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- Canadian Businesses Say Tax Hike Risks Deeper Productivity Slump [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Canadian Businesses Say Tax Hike Risks Deeper Productivity Slump [BNN Bloomberg (Canada)]BNN Bloomberg
- Shopify Inc. (NYSE: SHOP) had its "hold" rating re-affirmed by analysts at Needham & Company LLC.MarketBeat
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