Shopify Skyrockets to Record Highs on Q1 Earnings
E-commerce companies have been among the biggest beneficiaries of changing consumer patterns in the face of COVID-19, which has accelerated the shift away from brick-and-mortar retailers toward online purchasing. More and more merchants are scrambling to set up shop online during the novel coronavirus outbreak, which helped pave the way for Shopify's (NYSE: SHOP) first-quarter earnings beat.
Here's what investors need to know.
Image source: Shopify.
Source Fool.com
