Shopify Subordinate Voting Ord Shs Class A T.SHOP

Alternate Symbol(s): SHOP

Technology Information Technology Services

Shopify Inc. (Shopify) is a Canada-based global commerce company. The Company provides essential Internet infrastructure for commerce, offering tools to start, grow, market and manage a retail business of any size. It provides platforms and services that are engineered and delivers a shopping experience for consumers online, in store and everywhere in between. Its software enables merchants to run their business across all of their sales channels, including Web and mobile storefronts, physical retail locations, social media storefronts, and marketplaces. The Company's Shopify platform provides merchants with a single view of their business across all of their sales channels and enables them to manage products and inventory, process orders and payments, fulfill and ship orders, build customer relationships, source products, leverage analytics and reporting, and access financing, all from one integrated back office. The Shopify's platform operates across 175 countries.

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Shopify Subordinate Voting Ord Shs Class A > Ouch

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Comment by Mrtkr1on Apr 20, 2022 5:29pm

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RE:RE:Ouch

Shopify has earnings. This is not an earnings issue. This is not a mining or energy stock. Look at Netflix. It has solid earnings and it got hammered. Tech stocks are susceptible to rates and any negative future trends get amplified in tech sp. I think lots of people have "gambled" money they can't afford and they now are running with their tails between their legs. I think we should see support built at these levels. I will say the timing of the changes to the governance is very suspicious. Why would the board choose a time when the stock is getting hammered? Why would they split now vs when it was $2000?

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