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The Real Reason Shopify Stock Exploded Higher After Earnings

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The Real Reason Shopify Stock Exploded Higher After Earnings: https://g.foolcdn.com/editorial/images/731225/untitled-design-40.jpg

's (NYSE: SHOP) change of direction was an excellent move in the market's eyes. Fool.com contributor and finance professor Parkev Tatevosian discusses the real reason Shopify's stock jumped higher after earnings.

*Stock prices used were the afternoon prices of May 3, 2023. The video was published on May 5, 2023.

Source Fool.com

Shopify Inc Stock

Shopify Inc gained 0.690% compared to yesterday.
Our community is currently high on Shopify Inc with 5 Buy predictions and 0 Sell predictions.
With a target price of 75 € there is a positive potential of 34.96% for Shopify Inc compared to the current price of 55.57 €.

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