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 > Prudent?

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Comment by AlwaysLong683on Feb 17, 2023 10:38pm

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Post# 35293302

RE:Prudent?

DaveInvestor59 wrote: The President of Shopify said on BNN this evening that he was trying to be "prudent" in his forward guidance of future earnings in the quarterly report they gave yesterday. Why would the President of a tech company like Shopify want to be prudent in his quarterly report in an investing environment like we're in right now. If anything he should have been as positive as he could possibly be for investors when reporting in an inflationary environment with interest rates rising. That's what investors were looking for, and he should have known that. His prudence cost investors big time today.

Really? How much would going that route have popped the share price, and what do you think would happen to the share price when they come in way under his inflated guidance in their numbers for the rest of the year, not to mention the blow to his credibility in overpromising and underdelivering.....?

Most well-run large cap companies know they need to win the trust of analysts / the investment community by, if anything, understating their guidance in case unforseen issues arise. Then, they either beat or at least meet expectations, and if the bottom falls out of the market, the damage to their share price likely won't be as bad as most.

Good thing you're not SHOP's CEO.

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