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Shopify shares pop 18% on smaller-than-expected loss

Por: CNBC Tech October 27, 2022

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In this articlewatch nowVIDEO4:0804:08Shopify is about 10% of total U.S. e-commerce capitalShares of jumped 18% after the e-commerce company a narrower-than-expected loss for the third quarter and revenue that beat Wall Street's estimates.Revenue was up 22% from the same quarter last year, but Shopify said the strong U.S. dollar weighed on its sales.Last quarter, more of a transition year, in which ecommerce has largely reset to the... + full article



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