Shopify Stock Volatile After Earnings
SHOP was lower premarket, gained out of the gate, and is now lower againShopify Inc (NYSE:SHOP) stock is down 2% to trade at $124.63 this morning, paring an earlier push higher. The e-commerce giant reported fourth-quarter earnings and revenue that exceeded expectations, but the top-line beat is being overshadowed by first-quarter 2025 guidance that fell short of estimates.SHOP hit a record peak of $125.79 out of the gate, breaking out of a bullish flag pattern that began with a 21% post-earnings gap higher ...