Shopify Stock Sinks Because the Company Sees a Sales Slowdown – Barrons

Shopify stock tumbled on Wednesday after the e-commerce software company reported fourth-quarter earnings that narrowly beat expectations, but cautioned about revenue headwinds in the first half of 2022.

The shares fell 18.2% to $727.56 on Wednesday, and were on track for their largest percent decrease on record and lowest close since June 11, 2020.

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