139.64 +0.74 (0.53%)
After hours: 4:11PM EDT
|Bid||138.92 x 4000|
|Ask||140.50 x 1300|
|Day's Range||137.11 - 144.56|
|52 Week Range||89.35 - 176.60|
|PE Ratio (TTM)||N/A|
|Earnings Date||Apr 30, 2018 - May 4, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||158.64|
This has been a market that favors high-growth stocks and not value plays. Obviously, the rising tide of the nine-year-plus bull market has lifted value boats as well. But clearly, the market of late has prioritized revenue growth over profit growth, to the point that many longtime value investors are in something close to despair.
Shopify Inc., the Canadian provider of online stores for more than 600,000 businesses, banned the sale of some semi-automatic firearms and 3D-printed guns. Semi-automatic guns that can take magazines that hold more than 10 bullets, attachments that make guns fire faster -- like bump stocks -- and silencers or flash suppressors are all considered “restricted items,” according to the company’s rules, which were updated Monday night. The move is a new indication of how Shopify, whose stock has rocketed more than 700 percent since its 2015 initial public offering, is grappling with the responsibility that comes with being the internet’s dominant platform for small merchants looking to sell online.
The Green Organic Dutchman Holdings Ltd. (the “Company” or “TGOD”) (TGOD.TO) (TGODF) announced today that it has selected Shopify Inc. (“Shopify”) (SHOP) (SHOP) to build an innovative ecommerce platform for the delivery of medical and future adult-use organic cannabis world-wide. The Green Organic Dutchman Holdings Ltd. (TGOD) is a research & development company licensed under the Access to Cannabis for Medical Purposes Regulations (“ACMPR”) to cultivate medical cannabis in Canada.
Every day, startups all over the world set up websites in the hopes of becoming a runaway success like Casper or Warby Parker. Many of them turn to Shopify Inc., a Canadian company that makes it a snap to open a web store. Shopify charges a mere $30 a month to maintain the site and can help with shipping, payments, even inventory. More than 600,000 merchants have signed on, and most have no complaints.
On August 7, Etsy (ETSY) stock rose 3.3% after its second-quarter earnings announcement on August 6. On its second-quarter earnings conference call, CEO Josh Silverman said that Etsy is testing a pilot in which the buyer can create his or her profile, which will allow Etsy to offer more personalization according to likes and dislikes. Since DaWanda has a sizable presence in Germany as well as Switzerland, Poland, and Austria, Etsy expects a surge in its international traffic.
The company is looking to sell retail operations to fund its blockchain efforts. Recently, Overstock stated that Medici Ventures signed an agreement with World Bank to create and roll out a blockchain pilot that will help bring land security across the globe. The analyst’s 12-month average target price for the company is $103.00, which reflects 184.2% upside to the stock price on August 3.
NEW YORK, NY / ACCESSWIRE / August 3, 2018 / U.S. equities finished mostly higher on Thursday as Apple breaching the 1 trillion dollar valuation plateau offset the ongoing trade concerns between the U.S. ...
Apple earnings are due Tuesday, with its stock not far from a buy. The key stock indexes are still not far from highs, but top stocks are reeling, including several software firms on tap.
Shopify stock fell after it reported second-quarter profit and revenue that topped views but worries over slowing bookings growth offset the beat. Shares in the maker of e-commerce software tumbled 6.7%.
Shares of the e-commerce platform operator move lower after posting second-quarter results, and analysts can't seem to agree on which way the stock is headed.
Shopify (SHOP) delivered impressive Q2 earnings on increasing traction witnessed by Shopify Shipping and Shopify Capital solutions. Further, focus on local languages bolsters international presence.
The company delivered a strong double-beat-and-raise second quarter earnings report. SHOP stock was already in sell-off mode prior to the print, thanks to bad reports from Facebook (NASDAQ:FB), Netflix (NASDAQ:NFLX), Twitter (NYSE:TWTR) and others. As a result, SHOP stock is now 20% off its recent highs.
As of July 27, Etsy’s (ETSY) stock price has risen 105.2% to $41.97 on a YTD (year-to-date) basis. Investors remain optimistic about the stock’s movements, as its strategic initiatives are yielding the desired results. Can Etsy stock sustain its momentum?