Shopify Stock: Don’t Get Too Excited About the Black Friday Numbers, Says Analyst
November 28 2022 - 05:35PM
TipRanks
Shopify (SHOP) stock has gotten off to a good start this week, with
the shares pushing higher at Monday’s open. Investors appear to be
applauding the Black Friday GMV (gross merchandise value) numbers,
which have come in above Street expectations for Q4. The Canadian
ecommerce company delivered GMV of $3.36 billion, amounting to a
17% year-over-year uptick, while the Street’s growth expectations
for Q4 GMV stand at 8.5%.
https://www.tipranks.com/news/article/shopify-stock-dont-get-too-excited-about-the-black-friday-numbers-says-analyst?utm_source=advfn.com&utm_medium=referral
Shopify (NYSE:SHOP)
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Shopify (NYSE:SHOP)
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From Nov 2022 to Nov 2023