Shopify Shares Fall 19% to $127 in Premarket Trading
Shopify reported weaker-than-expected merchandise sales in the third quarter, while earnings and profitability improved.
By Ty RoushShopify stock took a hit after the e-commerce company reported weaker-than-expected merchandise sales in the third quarter, raising questions about the sustainability of its rapid growth even as earnings and profitability improved.Shares of Shopify sank 19% to $127 in premarket trading T…