Shopify notches first revenue miss in at least five years but stock still jumps

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Earnings Results

Last Updated: Oct. 28, 2021 astatine 1:59 p.m. ET First Published: Oct. 28, 2021 astatine 8:03 a.m. ET

‘Clearly a humble miss (or worse) was priced into shares,’ says Baird analyst

Investors looked past Shopify Inc.’s archetypal gross miss successful astatine slightest 5 years arsenic shares of the e-commerce institution surged much than 7% successful Thursday trading.

Shopify SHOP fell considerably abbreviated of nett expectations successful its astir caller 4th and missed somewhat connected the apical line, portion its main fiscal serviceman called retired a “more normalized spending environment.”

Baird...

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