Shopify Inc. (SHOP.TO)
| Previous Close | 86.16 |
| Open | 86.97 |
| Bid | 85.80 x 0 |
| Ask | 85.86 x 0 |
| Day's Range | 84.40 - 87.50 |
| 52 Week Range | 63.16 - 123.20 |
| Volume | |
| Avg. Volume | 2,714,447 |
| Market Cap | 110.566B |
| Beta (5Y Monthly) | 2.20 |
| PE Ratio (TTM) | 613.00 |
| EPS (TTM) | 0.14 |
| Earnings Date | Jul 31, 2024 - Aug 05, 2024 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 98.91 |
- Yahoo Finance Video
Affirm stock sinking, Good Buy or Goodbye: Market Domination
Stocks (^DJI, ^IXIC, ^GSPC) search for direction ahead of Wednesday's market close with the Dow Jones Industrial Average holding in the green. After topping fiscal third-quarter revenue estimates and narrowing expected losses per share, Affirm shares (AFRM) are now sinking in the afternoon and analysts have an idea of what the cause is. Tripadvisor (TRIP), Teva Pharmaceutical Industries (TEVA), and Dutch Bros (BROS) are also reporting earnings. Defiance ETFs CEO and CIO Sylvia Jablonski joins Market Domination for the latest installment of Yahoo Finance's Good Buy or Goodbye to talk about the latest trend in clean energy investing: Uranium. Dine Brands (DIN) CEO John Peyton — whose company owns IHOP and Applebee's — discusses consumer spending patterns at his restaurants. This post was written by Luke Carberry Mogan.
- Yahoo Finance Video
Affirm stock begins sinking and analysts are blaming Shopify
All was looking brighter than expected for fintech company Affirm (AFRM) after it reported fiscal third-quarter earnings this morning — it saw revenue skyrocket by over 51% annually and narrowed its losses per share — until its stock made a U-turn intraday. Affirm shares have fallen by as high as 10% in Wednesday's session. Who or what is to blame? Possibly Shopify (SHOP), according to analysts. Market Domination Anchors Julie Hyman and Josh Lipton deep dive into these two stocks that are finding themselves under pressure after reporting earnings. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Luke Carberry Mogan.
Yahoo Finance CanadaShopify stock: Analysts cut price targets; weakness 'a buying opportunity', some say
Shares of the e-commerce software company plunged 19% on Wednesday following the release of quarterly results.
