Shopify's Disastrous Q1 Performance Summed Up in Just 1 Visual
Shopify (NYSE: SHOP) reported its first-quarter results on Thursday, and the numbers were nothing short of awful. Not only were sales numbers uninspiring, but the company also incurred a loss of well over $1 billion.
As a result of the performance, the stock became the latest tech giant to crash more than 15% upon the release of its earnings. What went wrong for the e-commerce company, and is this a reason for investors to worry?
Image source: Getty Images.
Source Fool.com
