Earnings Results: Shopify notches first revenue miss in at least five years but stock still jumps

Investors looked past Shopify Inc.’s first revenue miss in at least five years as shares of the e-commerce company surged more than 7% in Thursday trading.

Shopify SHOP fell considerably short of profit expectations in its most recent quarter and missed slightly on the top line, while its chief financial officer called out a “more normalized spending environment.”

Baird…

This post was originally published on Market Watch

Financial News

Daily News on Investing, Personal Finance, Markets, and more!