Shopify stock falls 5% as forecast disappoints amid escalating Amazon rivalry, price increases

Shopify stock falls 5% as forecast disappoints amid escalating Amazon rivalry, price increases

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Shopify Inc. produced a better holiday quarter than expected according to a Wednesday earnings report, but a forecast for slowing revenue growth hit the stock in after-hours trading. Shopify SHOP, sells e-commerce tools to merchants, a business that escalated quickly during the pandemic, as…

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