Etsy sellers and those with shops on Shopify have had to make important decisions about their ongoing operations in the wake of the Silicon Valley Bank collapse. (See, “ Run on Silicon Valley Bank Impacts Operations at Tech Firms .”)
SVB is already the talk of SXSW | TechCrunch
Austin’s annual SXSW music, arts and tech festival officially kicked off today, and it’s already clear that there’s going to be at least one central focus for the show: The ongoing collapse of Silicon Valley Bank (SVB) and its repercussions.
I arrived on the ground this morning, and overheard people talking about it on my flight from Toronto (filled with entrepreneurs, Shopify employees and some investors); had one person ask me about it on the street without prompting (the only person I stopped and talked to on the street); and ...
Shopify: Long-Term Bet In The E-Commerce Space (NYSE:SHOP) | Seeking Alpha
We are buy-rated on Shopify ( NYSE: SHOP ). Despite the not-so-pretty guidance for 1Q23 , we expect Shopify to be an attractive long-term bet in the e-commerce space.
The stock is down nearly 17% over the past year, reaching a 52-week-low of $23.63. We believe the company will continue to be pressured in the near term as inflationary pressures tighten consumer spending.
Shopify Inc. Cl A stock falls Friday, underperforms market - MarketWatch
Shares of Shopify Inc. Cl A SHOP, -3.60% slid 3.60% to C$57.33 Friday, in what proved to be an all-around rough trading session for the Canadian market, with the S&P/TSX Composite Index GSPTSE, -1.55% falling 1.55% to 19,774.92. Shopify Inc. Cl A closed C$37.40 below its 52-week high ...
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