Friday, September 9, 2022

Shopify Hires Morgan Stanley Banker As New CFO | MENAFN.COM

Author: MENAFN
Twitter: @menafn
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Shopify Hires Morgan Stanley Investment Banker as Its Next CFO - WSJ

Shopify Inc. named Jeff Hoffmeister, an investment banker, as its next chief financial officer, a move that comes after the e-commerce company in July said it would cut its workforce by 10%.

The Canadian company, which helps businesses set up e-commerce websites, said the CFO change is set to take effect Oct. 27 after its third-quarter earnings announcement. Current finance chief Amy Shapero is stepping down, Shopify said.

Publisher: WSJ
Date: 2022-09-08T17:51:00.000Z
Author: Kristin Broughton
Twitter: @WSJ
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Shopify Announces Changes in Top Leadership | Barron's

Shopify announced a new chief financial officer and chief operating officer on Thursday, a little less than two months after it reported disappointing second quarter earnings and plans for layoffs.

Earlier this summer, Shopify (ticker: SHOP) said that it planned on cutting about 10% of its workforce amid a tough macroeconomic environment.

Date: 2022-09-08T21:09:00.000Z
Author: Angela Palumbo
Twitter: @BarronsOnline
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Shopify (NYSE:SHOP) Given New $38.00 Price Target at Wells Fargo & Company - Defense World

SHOP opened at $31.94 on Thursday. The company has a current ratio of 11.17, a quick ratio of 11.17 and a debt-to-equity ratio of 0.10. The firm has a market cap of $40.21 billion, a P/E ratio of -21.08 and a beta of 1.82. Shopify has a 12 month low of $29.07 and a 12 month high of $176.29.

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Publisher: Defense World
Date: 2022-09-09T08:42:41 0000
Author: admin
Twitter: @MarketBeatCom
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If You Invested $2,500 in Shopify Stock in 2016, This Is How Much You Would Have Today

Shopify 's (NYSE: SHOP) stock has fallen far from its highs in recent months, but over the long term, it has produced some incredible returns. If you had invested $2,500 in Shopify stock at the beginning of 2016, you would have $27,500 today.

Publisher: MSN
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Shopify Doesn't Want Sellers Using Amazon's Checkout Tool

Shopify is laying down the law: href="https://directamp.com/" title="">Ecommerce sellers must use Shopify Checkout and can't opt for Amazon's “Buy With Prime” checkout integration. In fact, using anything other than Shopify Checkout is against the ecommerce giant's terms of service.

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Publisher: Tech.co
Date: 2022-09-07T22:47:19 00:00
Author: https www facebook com rowecommaadam
Twitter: @techcohq
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Shopify names new CFO, COO in shakeup of executive ranks

Shopify Inc. named two new executives on Thursday, including Morgan Stanley's Jeff Hoffmeister as chief financial officer.

Hoffmeister, who leads Morgan Stanley's technology investment banking group, will take over from CFO Amy Shapero when she steps down following the company's third quarter 2022 earnings announcement on Oct. 27.

Twitter: @YahooFinance
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Better Buy: Amazon vs. Shopify Stock

Amazon (NASDAQ: AMZN) and Shopify (NYSE: SHOP) are leading players in the online-retail industry, and both companies have also seen substantial share price declines across 2022's turbulent trading. Which of these e-commerce stocks is the better buy at today's prices?

Publisher: MSN
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Aviva PLC Has $15.24 Million Holdings in Shopify Inc. (NYSE:SHOP) - Defense World

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Capital World Investors boosted its holdings in Shopify by 2.0% during the fourth quarter.

Shares of Shopify stock opened at $31.94 on Friday. The company has a market capitalization of $40.21 billion, a price-to-earnings ratio of -21.08 and a beta of 1.82. The company has a quick ratio of 11.17, a current ratio of 11.17 and a debt-to-equity ratio of 0.10. Shopify Inc.

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Publisher: Defense World
Date: 2022-09-09T09:24:41 0000
Author: admin
Twitter: @MarketBeatCom
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