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SHOP Earnings Miss | Slowest Revenue Growth in Seven Years

Short
NYSE:SHOP   Shopify Inc.
If you haven`t sold SHOP at $945:

Then you should know that Shopify said adjusted earnings for Q1 came in at 20 cents per share per share VS a profit of $2.01 per share over the same period last year and VS a consensus forecast of 77 cents per share.

Gross merchandise volumes rose 16% to $43.2 billion VS Street forecasts of a $45.4 billion.

The stock is closer to our $350-400 buy range now.

Looking forward to read your opinion about it.

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