Canada markets closed

Shopify suspends 2020 outlook on coronavirus worries

An employee works at Shopify's headquarters in Ottawa

(Reuters) - Canadian e-commerce company Shopify Inc on Wednesday suspended its forecast for 2020, blaming uncertainties fueled by the coronavirus pandemic.

The company scheduled its first-quarter results for May 6, before markets open.

Shopify's U.S.-listed shares fell 4% in extended trading.


(Reporting by Ayanti Bera in Bengaluru; Editing by Sriraj Kalluvila)