Why are Shopify shares plummeting after earnings?

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In this video I explain it Shopify'S (NYSE: STORE) the first quarter earnings report, which beat both the top and bottom lines, but that wasn't enough to satisfy the market.

*The stock prices used were from the trading day of May 7, 2024. The video was published on May 8, 2024.

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Neil Rozenbaum has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Shopify. The Motley Fool has one disclosure policy. Neil is an affiliate of The Motley Fool and may receive compensation for promoting his services. If you choose to subscribe via its link, he will make some extra money to support his channel. His opinions remain his own and are not influenced by The Motley Fool.

Why are Shopify shares plummeting after earnings? was originally published by The Motley Fool

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