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Shopify Shares Tumble on Profit Outlook, Continued Marketing Spend

Shopify shares tumbled after the Canadian digital commerce company pledged to continue investing in marketing even though doing so will pinch profits. Shopify President Harley Finkelstein joins Ed Ludlow and Caroline Hyde to discuss the company’s vision, and how it is not planning on any additional layoffs. He speaks on “Bloomberg Technology.” ——– Like this…

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Shopify shares tumbled after the Canadian digital commerce company pledged to continue investing in marketing even though doing so will pinch profits. Shopify President Harley Finkelstein joins Ed Ludlow and Caroline Hyde to discuss the company’s vision, and how it is not planning on any additional layoffs. He speaks on “Bloomberg Technology.”
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1 Comment

  1. @rye1378

    May 8, 2024 at 6:29 pm

    This is BS. Shopify is a horrible stock.

    Reply

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