Shopify Shares Tumble Around 19% in Premarket Trading
Shopify shares fell around 19% in premarket trading Tuesday after third-quarter revenue and gross merchandise volume growth missed analyst expectations.
Shopify Inc.(SHOP) shares tumbled around 19% in premarket trading on Tuesday, as investors reacted to the e-commerce platform’s third-quarter results, with revenue and gross merchandise volume growth missing analyst expectations.“We extended our track record of consistent execution, with 32% revenu…