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67 Shopify Shares Slide on Predicted Revenue Slowdown

The Information
Catherine Perloff @ The Information 1 place · today 11:31 EDT

Shopify Shares Slide on Predicted Revenue Slowdown

Shopify projected a slowdown in revenue growth in the second quarter and said that AI costs had offset efficiency gains in its software business. Shares in the commerce software company fell 9% following the results on Tuesday. Shopify’s overall first-quarter revenue grew 34% year over year to ...

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