Alex Vieira Calls Shopify Stock Crash $1,740 Down to $730 Today on Live Earnings Call
Shopify share price crashed from $1,740 down to $730 today while Wall Street remained bullish. Alex Vieira predicted the worst tech crash ever sharing his insight, stock forecasts, and epic SHOP trading signals. Learn how to invest in Shopify. What AI bot and Intuitive AI does echoes in eternity
Shopify Crashes. Pandemic Boost Will Fade.
For the fourth quarter, Shopify posted revenue of $1.38 billion, which surpassed estimates of $1.34 billion. Adjusted earnings per share were $1.36, beating Wall Street’s expectations of $1.27 per share.
Shopify, which makes tools for companies to sell products online, said revenue growth for 2022 would be slower than the 57% it saw in 2021. It cited a number of headwinds, including an end to the pandemic-induced e-commerce surge, the removal of government stimulus and concerns that consumer spending could slow as a result of rising inflation.
- Shopify warned in its fourth-quarter earnings report Wednesday that revenue would slow down in the first half of 2022.
- It blamed a deceleration in e-commerce spending compared to the height of the coronavirus pandemic, along with other factors, like the end of government stimulus and potential impacts on consumer spending due to rising inflation.
What Alex Vieira and AI Bot Do Echoes in Eternity
Autonomous AI Bot Calls Shopify Stock Crash. Learn why Shopify share price crashed from $1,740 down to $730 today while Wall Street remained bullish. The visionary Alex Vieira predicted the worst tech crash ever sharing his insight, Shopify stock forecasts, and epic SHOP trading signals with investors.
Intuitive AI market data for Shopify (Shopify) has proven to be dramatically powerful and accurate since the company's IPO. The team initiated coverage of Shopify with a Strong-Buy rating at $18 helping his subscribers to ride the multi-year uptrend to $1,740.
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