Saturday, July 08, 2017 8:27:24 PM
Fundamentally, SHOP is showing strength. The 2015 agreement with Amazon allowing SHOP customers to seamlessly integrate both AMZN and SHOP platforms seems to be contributing; SHOP's 1st qtr year-over-year revenue up 75%, with its Merchant Services Revenue increasing 92% year-over-year during the previous quarter. The recent May equity raise went very well, the underwriters even exercised their option (the "Over-Allotment Option") in full to purchase an additional 825,000 Class A subordinate voting shares. The $575M raised should be enough working capital for the immediate future to broaden the company's market share and enhance their data infrastructure and operations as well. And remember, the company in May raised their top line to $630M for the current year.
Into earnings, stock could very well continue to show strength provided the market remains intact. Plan to continue buying more shares through put selling. Strong stock with good long term prospects.
Recent SHOP News
- Paramount’s Shares Surge Following Sony and Apollo’s Joint Bid; ISS Backs Berkshire Hathaway Director Re-election, and More • IH Market News • 04/19/2024 11:31:22 AM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 03/08/2024 09:32:01 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 03/08/2024 09:31:33 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 03/08/2024 09:31:01 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 02/29/2024 09:02:08 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 02/28/2024 09:31:59 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 02/15/2024 09:12:45 PM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 02/13/2024 09:32:15 PM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 02/13/2024 09:30:40 PM
- Form 40-F - Registration statement [Section 12] or Annual Report [Section 13(a), 15(d)] • Edgar (US Regulatory) • 02/13/2024 12:08:30 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 02/13/2024 12:07:18 PM
- Former Shopify CFO and Small Business Advocate Amy Shapero Joins Jobber's Board of Directors as Company Positions Itself to Lead Tech Adoption in Home Service • PR Newswire (US) • 02/05/2024 02:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/30/2024 09:32:01 PM
- Freight Forwarder Flexport Raises $260 Million From Shopify • Dow Jones News • 01/22/2024 12:37:00 AM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 01/16/2024 09:05:40 PM
- Shopify and Manhattan to Build Unified Commerce Solution • Business Wire • 01/13/2024 04:18:00 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 01/02/2024 09:15:50 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 12/15/2023 09:43:08 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 12/15/2023 09:36:30 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 12/15/2023 09:35:45 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 12/15/2023 09:34:51 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 12/15/2023 09:33:48 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 12/14/2023 09:45:32 PM
- Crypto: Cardano Soars 70% in a Month, S&P Global’s Stablecoin Ratings, and Latest Updates • IH Market News • 12/13/2023 05:19:31 PM
- Form SC 13D - General statement of acquisition of beneficial ownership • Edgar (US Regulatory) • 12/11/2023 09:30:35 PM
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM
Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • BLO • Apr 30, 2024 8:53 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM