Shopify Reaches $5 Billion Valuation Following Impressive Quarterly Earnings

Shopify’s stock soared 6% today after it posted a quarterly earnings that impressed investors. The Ottawa company booked revenue of $130 million USD in the fourth quarter, an increase of 86% over the same quarter a year prior and ahead of expectations. Losses rose from $6 million to $9 million because of increased expenses, but … Continue reading Shopify Reaches $5 Billion Valuation Following Impressive Quarterly Earnings