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Why Is Shopify Stock Down After Beating Expectations?

TheMotleyFool

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Why Is Shopify Stock Down After Beating Expectations?: https://g.foolcdn.com/editorial/images/721070/shop.png

In this video, I will be going over Shopify's (NYSE: SHOP) fourth-quarter earnings report and will explain why the stock is down despite a beat. Last quarter, management told us that 2022 would be a transition year, so I expect 2023 to be the year of execution.

*Stock prices used were from the trading day of Feb. 15, 2023. The video was published on Feb. 16, 2023.

Source Fool.com

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