Shopify Plunges After Earnings Miss, $2.1 Billion Acquisition
- Date: 05-May-2022
- Source: Yahoo News
- Sector:Financial Markets
- Country:Gulf
Shopify Plunges After Earnings Miss, $2.1 Billion Acquisition
(Bloomberg) -- Shopify Inc. dropped as much as 16% after it missed analysts’ estimates for revenue and profit and announced the largest acquisition in its history, a $2.1 billion deal for startup Deliverr.
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