Neil's avatar
$37.6m follower assets
Shopify Earnings Reaction
  • On Tuesday, the company announced it is letting go of 10% of its workforce.
  • The company completed the acquisition of Deliverr on July 8. This is going to improve their logistic network over time.
  • The company reported revenue of $1.3 billion and a net loss of $1.2 billion.
  • Management sees 2022 as a transition year.
Jensen Butler's avatar
The sentiment shift on the CEO by retail from when share price was a rocket ship to him commenting on stock price on Twitter has been swift
Neil's avatar
@jensen yup..