Why BigCommerce Stock Had a Big Drop Today
Shares of e-commerce technology company BigCommerce Holdings (NASDAQ: BIGC) ended the week on a bad note after the company reported financial results for the fourth quarter of 2022. As of 12:15 p.m. ET on Friday, BigCommerce stock was down 19%. In the fourth quarter, BigCommerce generated revenue of $72.4 million, up 12% year over year and barely hitting the low end of management's guidance.