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Why Are Shopify Shares Soaring After Earnings?

TheMotleyFool

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Why Are Shopify Shares Soaring After Earnings?: https://g.foolcdn.com/editorial/images/753450/e-commerce-online-shopping.jpg

In this video, I will cover 's (NYSE: SHOP) third-quarter earnings report, which beat on the top and bottom lines. The stock is up over 40% this year, but it has shown that it deserves to trade at a premium.

*Stock prices used were from the trading day of Nov. 1, 2023. The video was published on Nov. 2, 2023.

Source Fool.com

Shopify Inc Stock

Shopify Inc gained 1.630% today.
Our community is currently high on Shopify Inc with 5 Buy predictions and 1 Sell predictions.
With a target price of 75 € there is a slightly positive potential of 10.25% for Shopify Inc compared to the current price of 68.03 €.

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