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Shopify Inc. (SHOP)

NYSE - Nasdaq Real Time Price. Currency in USD
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1,410.00-37.15 (-2.57%)
At close: 04:00PM EST
1,409.95 -0.05 (-0.00%)
After hours: 07:58PM EST
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  • m
    Been using Shopify website for 5 years now and has transformed my business especially during the pandemic. This year retail foot traffic decreased 28% and online business increased 47% percent. Facts
  • A
    Shop is moving sideways since last june, at around $ 1,500. despite the good results.
    Consolidation at it's best, Shop is growing in it's value, with an ever-decreasing P/E, slow but sure.
    With Yahoo forecasting a 1 year Estimate of 2,103.66 I am satisfied.
  • S
    1 billion in revenue (Not profit) and 184 billion in Market cap... Stocks like this, TSLA, NVDA are displaying the level of insanity in today's market. Unfortunately, this is affecting solid stocks as well. When the markets pull these down, they pull down those as well... either by the same amount or more ;)! There is literally no scrutiny and just a game of numbers at this point.
  • S
    Lots of carnage in some of the tech stocks and some were considered to be overvalued.
  • M
    3:30am PST Monday Unique shoppers 42,737,367 I wonder how man of them have heard of Shopify, and how many used PAY? In 30 minutes, this count has jumped to 42,984,000
    Sales per minute (USD) $527,418 This is it. The lull is over. It's trending up hitting $565k within minutes. At 30 minutes, $642.5k
    Orders per minute 5,254 up to 6,048
    Carbon removal (tonnes) 45,421 This number appears to lurch. It makes me wonder what data this metric is attached to within the sfn, that triggers the counter. Containers being filled? Something interesting like that?

    Just got 43Million unique shoppers. Wonder how much of that is from the new social media relationships? And from what platforms and engines and apps

    Watching the Show, I get a sense of how very big Amazon is, and how important a space the Shopify Platform occupies. And how much information NOBODY gave us before
  • A
    Lol love to see the bears come out calling for the end on what is once again non company specific news. No matter if it is SHOP specifically or everybody else too, they call the stock broken and garbage and try to scare the bulls. If SHOP falls another 100 points I will simply buy more. They seem not to care that SHOP just logged the biggest Black Friday Cyber Monday sale in its history. Like I said yesterday, calling the fire department on a lit candle.
  • M
    Unique SHOPpers 52,621,649 Bless you, each and every one!
    Sales per minute (USD) $1,460,653 at 7pm pst
    Orders per minute 12,983 Indicating slightly higher spends than last year.
    Carbon removal (tonnes) 56,416 About 10% less than last year.

    Very pleasing. HF said that he is very pleased too. Looking forward to hearing the final numbers. They say it's about +21% over last year. I have no idea what the peak was today.
  • M
    These were the hourly numbers that I recorded last year.. This year, we began at 12:01am GMT, and Sales were $1MLN/MINUTE right out of the gate, approx 8000 sales/min. I expect that we will see an increase in the average amount spent per sale. I think the avg sale was $89usd, last year. The Trend Ticker is new. Monday should be when we reach peak volumes. Last year, we were thrilled when we hit $1mln/minute. The lowest period that I recorded was $155k/min at 3:30am EST, on the final day. Which was also a peak day! Also last year, the sale ran for an extra day, BFCM plus Thanksgiving day.

    I probably won't be able to write much about it, as I am dealing with torn tricep, and have lost use of one arm for a while. Typing is agony, or one-handed, which is just a different type of misery. Have fun, Everybody!

    Thanksgiving Thursday, Day 1 end to beginning
    11:30pm pst 4,000/min, Sales $334k/min
    11pm pst orders, 4200-4500/min, sales $ <$400k
    10:15pst at 7,600/min $ 758k/min Yowza!
    9:15pst, sales hitting 7,000+ . volumes $655k-700kmin.
    7:30pm pst Still holding
    6:40pst orders ~ 5,000/m, $440k/min
    4pm, sales are holding ~5,000/min, $450k/min
    3:10pm Orders 7,500/min, Sales >$500k/min
    1:30pst Orders 7,414, Sales >$500k/min
    12:20pm pst Orders 5,500k orders/min, $500k/min.
    12pm pst, Orders from about 4,500/m to 7,414/min
    1:30am pst Orders 1500-2000, Sales ~$138,000-160,000/min
    12:15am pst Orders 2,000-2,200

    Black Friday Day 2 Part 1
    Midnight to noon

    11:40am pst Orders ~9,850/min, Sales $885k/min
    10:40am Orders >10,110 Sales $887k
    9:30am pst Orders: 10,500/min, Sales $950k/min
    5:45am pst 8:45 am(EST) - 7200 orders and $654,000/min
    1:40am pst Orders ~9,850/min, Sales $885k/min
    4,000/min, $334k/min
    1:12am pst Sales $380k/min
    12:30am EU/Scand/UK showing lots of activity, it's 9:30a.
    12:10am pst orders `4,700/min but sales ~ <$400k and as low as $328k ,
    avg sale ranging $70-95, about $80 on a few number samples. Was higher earlier.
    12:01am pst orders suddenly topping out at 5,550 sales in $430-500k It stayed above 500k a few times. This pop began right at midnight
  • A
    UN study indicates that 1/3 of the world's population does not have access to the internet.
    Of the 2/3 who do have access, only half can log in regularly, once a week or a month.

    The corona pandemic seems to have started a striking increase. Since 2019, 785 million additional people have gained access to the internet, an increase of 17%.
  • M
    The countdown to BFCM is on. If you've never seen the show, bookmark this site, and be sure to check in. Even with supply chain interruptions (meaning less stock, fewer sales), it will still be very exciting. I will be making my furniture buys on Friday, just so that I can say I've actually purchased from a Shop merchant during BFCM. Last year, the sales never completely stopped for a single moment, and it was a lot of fun watching the globe light up, as each continent wakes up and begins doing business.

    The slowest period used to be 3-6am pst, but the Australian market is so solid, that they fill the gap. Only one or two sleeps left, depending on how late one stays up! I think the sale starts 12:01am on Friday, 9:01pm on the west coast. But maybe 17 hours early in Australia? I have never considered this before...
    A live look at Black Friday Cyber Monday sales on Shopify
    A live look at Black Friday Cyber Monday sales on Shopify
  • I
    As I posted 9 days ago: "So ARK innovation fund is down 15% for the year while the S&P is up 25%. When 4th quarter statements come out, this reality will be apparent to investors in the fund, and starting next quarter fund redemptions will occur. Shop is a top 10 holding for them, so this will put additional selling pressure on the stock."
  • A
    It's gonna be a rough December with a very overvalued market.
  • I
    Shopify is sued by publishers for 500 mln damage.
    Investments are down since 30 Sep: 2% AFRM, 15% GLBE.
    Expect at least 1 bln. loss for 3 last months 2021.
    25% of cash balance and 4% of net assets will evaporate just from repaying damages.
  • P
    with covid cases surging, its the best time to get in these ecommerce stocks like amazon and shopify. It will boom !! BUY !!
  • M
    I am down so much... I can't sell now.. Only option left is to. Hold forever... Bought at $2172
  • M
    $1300s his possible, but $1200s are NOT HAPPENING, unless we have a complete market meltdown.

  • M
    Some great press as we head into The Season. Tobi & Wife donated $26Million to Childrens' Hospitals across Canada.

    The following is a paste from my comments on a different page, and directly addresses what makes Shopify such a beast, and the references are still here, buried in my history. At the time, HBC was trading for c$10 share, and HF referenced talking to them. The company went private for c$11/share.

    "I thought this was interesting. In 2019 when Shopify was making acquisitions, I speculated that they should either buy Stampsdotcom or, my hope, The Hudson's Bay Company, which was on the block. I argued that they should buy it for patriotic reasons, but also, for the Saks 5th Avenue location and their extensive real estate holdings. I thought it would be nice to have a downtown Manhattan distribution hub.

    In the end, Shopify announced they were starting SFN, and purchased 6 River Systems in Nov2019. They also said that they had no interest in land acquisitions at that time. They then put their robot systems into xpo warehouses, and were invited to the spinout celebrations for gxo. HBC (which owns Saks) was taken private. And now, this news story. It means that GXO has possibly secured the type of relationship with hbc that I initially envisioned for Shopify two years ago (and wrote about on that chat page). I know also, that Shopify had been having conversations with HBC, because the company was struggling.

    This partnership is, IMO, the tip of the iceberg. Hbc also has holdings in Netherlands. Best of all though is the fact that they are private. This is the type of partnership model that is going to make GXO a monster."

    This is what I thought that Shopify would be doing, until they said they had no interest in Real Estate holdings. So when Tobi said he wanted to "play in logistics", it made sense that his first major partnering would be with another industry Disruptor! An Army Division.

    Marketplace Pulse ran a story a few days ago, "Shopify’s Almost-Marketplace", referring to the Shopify app. Shop maintains that they are not setting up a marketplace, but that they will be adding more functionality in the future. The story is fairly neutral, and makes some really good points, including some of the complexities that have held Shopify back, and posits that they have a marketplace, whether they like it or not, and further, that it's faintly problematic. The article has a somewhat negative flavour, but then, the publication's main sponsors are non-Shopify platforms, I think.

    But also in the news, from Forbes "OpenStore Raises $75 Million To Acquire More Shopify Sellers, Reaches $750 Million Valuation In Eight Months" Keith Rabois of OpenStore (private company) just raised $75Mln to continue his acquisition of Shopify merchant businesses. The Pulse story might have been in response to the Forbes. Just speculating. Rabois says he'll be making an acquistion/day until year end, and each business doing single digit millions in sales. He'll be setting up his own malls!

    Anyway, Shopify is amassing armies, and providing sanctuary to battered rebels, and each body is growing. No time to look at the little players for the past month, but they too, are growing in number.

    I think that I feel like a fund manager associate must have felt, back in the late 90s when he, as a recent mba grad, began setting up his personal BrkH portfolio of businesses. Shopify and its surrounds are no less compelling.

    I hope this doesn't get filtered out by the algos...
  • R
    Robert S
    Shopify says merchants break records with $2.9B in sales on Black Friday
    Shopify announced a record-setting Black Friday with sales of nearly $2.9 billion from the start of Black Friday in New Zealand through the end of Black Friday in California. This represents a 21% increase over Black Friday in 2020 when sales by Shopify merchants surged 75% over 2019 driven by COVID-19 lockdowns, and is more than double their sales on Black Friday 2019, the company said. Collectively, merchants on Shopify generated peak sales of nearly $3.1 million per minute at 12:02 PM EST on Black Friday, and merchants crossed $1 billion in sales by 4:00am EST, four hours earlier than Black Friday in 2020.
  • L
    Tell me if I have this wrong. Adobe announced total Black Friday online sales were $9.3B. SHOP reported total SHOP online sales @ $2.9B. Without taking out a calculator this sounds like SHOP merchants did 32-33% of all online sales and that sounds like a stupendous trend to me.

    Correct me if I am wrong, thank you.
  • K
    Katie R
    It's been a brutal week for us longs but we've been down this road plenty of times. Shop always bounce back. Congrats to those who made money being short...I'm no hater!