Shopify Stock Plunges As Q3 Gross Operating Profit, Revenue, GMV Miss

Shopify (SHOP) stock plunged early Tuesday after the e-commerce platform provider reported third quarter earnings that beat estimates but gross operating profit, net revenue and a key financial metric fell short of Wall Street targets. Canada-based Shopify reported September quarter earnings before the market open. Shopify said Q3 adjusted EPS rose 44% from a year earlier to 49 cents, topping…

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