Why Shopify Stock Tumbled Today
Shares of Shopify (NYSE: SHOP) were getting torched today after the high-priced e-commerce stock posted solid results in the first quarter, beating estimates, but investors balked at its outlook for the second quarter.
As a result, the stock was down 19.8% as of 10:39 a.m. ET on Wednesday.
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Source Fool.com
Shopify Inc Stock
€53.90
-5.340%
Currently there is a rather positive sentiment for Shopify Inc with 5 Buy predictions and 0 Sell predictions.
As a result the target price of 75 € shows a positive potential of 39.15% compared to the current price of 53.9 € for Shopify Inc.