(Bloomberg) — Shopify Inc.’s president appealed to investors to focus on the company’s growing customer base as the stock dropped again Friday to a fresh two-year low.
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The Canadian firm’s shares have plunged 21% since it disclosed first-quarter profit on Thursday morning that fell far short of analysts’ estimates. Shopify is navigating a “rebalancing” in retail that has seen shoppers head back to physical stores now that the Covid-19 crisis is easing,…
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