Shopify warns on margins and posts big quarterly loss, sending shares plunging premarket

Shopify stunned investors after reporting a surprise loss for the first three months of the year.The e-commerce platform posted a $273 million loss for the first quarter.It marks new low following its boom years during the COVID-19 pandemic. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. Email address By clicking “Sign ...